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  1. L

    LL's Daily Discipline Journal

    Today ended with me being up $415, despite being up $840 earlier today, not to mention I could have had $2500 if I just sat on my hands all day and stuck with my initial position. Why did my daily p&l drop from $840 to $415? Because I spent the rest of the day trying to scalp and took death by...
  2. L

    LL's Daily Discipline Journal

    ATW now up 30% on the day - incredible - I booked an $840 profit when I could have had $2000 if I just sat on my hands.
  3. L

    LL's Daily Discipline Journal

    Day 10 actions: Bought 1000 ATW @ 9.06 after a strong earnings beat - hopefully it sets up to be a nice trend day - also took a position in BABA after the open as well - will update later Edit - closed ATW for a $840 profit - likely will regret this as it is already running higher, but I just...
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    LL's Daily Discipline Journal

    Day 9 results: -60 Actions: insanity is often said to be doing something over and over again and expecting different results - why do I continue to trade crude/nat gas around inventory reports, knowing my history with never making a dime trying to day trade them? It really must be some kind of...
  5. L

    LL's Daily Discipline Journal

    Second-Half of Day 7 + day 8 results: +620 Actions: Have been doing a lot of frenetic trading over the last day and a half - I'm not going to go through all the nitty gritty details, but have had successful scalps in CNX and TREE today, closed Sprint yesterday at a small profit.....I made one...
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    LL's Daily Discipline Journal

    Day 6 results (updated): +50 (as of today) Action: Closed my FLML today at 12.14 Description: Just updating my carryover trade from yesterday, today is day 7 and will be updated later. Running active trading P&L: +2100 (as of today, since closing my FLML trade) Day 7 activity (so far): Took...
  7. L

    LL's Daily Discipline Journal

    Day 6 result: -80 (as of 2pm) Action: Bought FLML on the open, currently up $117 and holding until at least tomorrow. Also went long crude oil when I thought it was turning up but took a -$196 loss once oil tanked again. Description: Not much to describe - except my usual findings. If I just...
  8. L

    LL's Daily Discipline Journal

    Day 5 result: -220 Action: Bought COG on the open, took a $200 loss, then shorted crude oil, took a $20 loss Description: Well my money cleared, so Friday morning I got busy. Before market open I noticed Cabot oil and gas beat on revenue, and I thought to myself that any oil company in this...
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    LL's Daily Discipline Journal

    Day 4 result: unfortunately I could not trade today as I was waiting for funds from my closed trades to clear - which is unfortunate because I found 3 setups, 2 of which would have been nicely profitable. Hopefully my funds will be good to go tomorrow.
  10. L

    LL's Daily Discipline Journal

    Day 3 result: +2290 Action: Exited UNXL@ $2.60, on the market open, Long VALE, sold at $5.42 Description: You'll notice that I carried my UNXL position overnight from yesterday - I was really nervous because AAPL tanked afterhours yesterday and I figured UNXL would tank with the rest of tech...
  11. L

    LL's Daily Discipline Journal

    Day 2 result: +720 Action: Long UNXL, holding overnight Long GV, sold at close Description: Bought UNXL and GV. Both showed strength this morning: UNXL faded midday and rallied into the close. GV faded as soon as I bought it, stabilized below my entry price midday and just flatlined...
  12. L

    LL's Daily Discipline Journal

    Hi everyone, I am creating this journal in hopes that it will help me improve my trading by practicing better discipline, collaborating with others, and hoping that seeing my thoughts on paper on a daily basis will help provide clarity and make me more profitable. Day 1 result: -760 Action...
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