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  1. E

    Discretionary Equity Trading Journal

    Actually, after everything was accounted for and after monthly fees, I started this month off with only about 5,700 in the account. Needless to say, this has meant that I have gotten much more conservative with my trading as I build the account back up. I am only trading about 200 shares max...
  2. E

    Discretionary Equity Trading Journal

    Had a technical glitch with my computer and trading platform that ended up being quite painfully financially. I took the last few weeks off to decide how I want to proceed. I have plenty of profits set aside from which I could reload my account. However, as my account grew, I was trading more...
  3. E

    Discretionary Equity Trading Journal

    One of the areas that I am seeing the most improvement in my trading recently, which really made a difference today is patience. Patience to wait for a stock to pull back before entering. Patience in terms of holding onto trades to capture bigger moves. The smaller positions sizing has really...
  4. E

    Discretionary Equity Trading Journal

    Agassi, I think I might have mentioned it in one of my previous posts, but I tend to watch somewhere around 10 stocks at a time. I try to make sure that each of my stocks has potential to make significant moves that day. Therefore, I trade stocks that have been moving well lately, stocks...
  5. E

    Discretionary Equity Trading Journal

    Had a very good day on executions and sticking to my plan on Monday, but was off yesterday. Had another very good day in terms of executions today. Made a great short in CTSH, but got squeezed for a loss, but reentered and made a nice trade. Also, got long and caught a nice long. TWX caught...
  6. E

    Discretionary Equity Trading Journal

    Today was a fantastic day in terms of executing on my plan. Trading smaller definitely allowed me to be less emotionally attached with each trade and take trades that made sense without overanalyzing them. I significantly reduced my trading size, but I put on more trades on more stocks and...
  7. E

    Discretionary Equity Trading Journal

    Realized looking through my thread that I have been focused too much on profits and not enough on the key factors for long-term success. As a result, I decided, I will reduce my size dramatically, and focus not on making a 1K or more a day, but on executing every trade I see in all of my...
  8. E

    Discretionary Equity Trading Journal

    I am extremely happy with my execution today. I got a great entry on UA early in the morning when it showed me some strength. I did a great job bidding into it with size with a clearly defined risk reward that enabled me to take on a lot of size. That put me up significantly for the day when...
  9. E

    Discretionary Equity Trading Journal

    I trade anything that I think will move significantly that day. The days that I traded YUM, UNH, and TWX, there were significant news catalysts and the charts also indicated a continuation move. I also trade the typical momentum stocks like a NFLX, TSLA, etc.
  10. E

    Discretionary Equity Trading Journal

    I stop trading once my daily stop loss is hit without exception. Today, being another example of that unfortunately. I had great execution, but I accidentally bought NFLX instead of selling it. I stopped looking at my P&L while trading, so didn't notice until much later. I was having a...
  11. E

    Discretionary Equity Trading Journal

    Had a negative day today where I kept revenge trading NFLX to the long side and then hit my daily loss limit before I could reverse to a short when it showed a nice area of resistance. I also had two nice longs that I let reverse on me and gave back significant profits and let them turn into...
  12. E

    Discretionary Equity Trading Journal

    Not the best job today in executing. I chased TWX a bit instead of waiting until it pulled back, which made my loss a little larger than it should have been when it reversed. In addition, I should have manually taken at least some of my position off when it wouldn't break to new highs. I also...
  13. E

    Discretionary Equity Trading Journal

    Was distracted a bit this morning by my toddler, so I was unhappy with the fact that I missed a few trades by hesitating, turning my head away from the screen at crucial moments, etc. Missed out on the long I was waiting for on the KORS breakout this morning. Missed the SNDK short that I saw...
  14. E

    Discretionary Equity Trading Journal

    Was able to squeeze in two small trades today, before my toddler started requiring my attention. Traded lighter size today as well. Caught a bit of the morning pop in TWX, and a bit of the pop in HCA. Good executions, although I took profit a bit soon. $800 net
  15. E

    Discretionary Equity Trading Journal

    Today was pretty much a flat trade. Couldn't do much with my toddler pulling at my leg today. I missed so many trades, and made quite a few poor trades because I was distracted, but caught a few ok trades to make it pretty much about a flat day. Lesson is that I may not be trading this next...
  16. E

    Discretionary Equity Trading Journal

    My nanny is out this week, so I am doing double duty of watching a toddler, while trading. Therefore, I am trading a little light this week, and will be calling it an early day today. I am not extremely happy with my executions today, but I did do a few things well. I am upset that I...
  17. E

    Discretionary Equity Trading Journal

    Have a lot of errands to run today. Happy with my executions for the most part today. Caught a nice short on INFY and a nice long on AMZN. I was very happy with my AMZN trade, because initially I got a bad fill and was stopped out for a loss, but when it held and showed strength, I got back...
  18. E

    Discretionary Equity Trading Journal

    Good day again today. Could have been a little better with the execution. Made a decision to hide my P&L again while I trade, since it still impacts my psychological mindset seeing the plus and minus, causing me to focus on the profit and loss instead of the trade set ups themselves. Caught...
  19. E

    Discretionary Equity Trading Journal

    Fantastic day today, on both the profit and on the execution to obtain those profits. Today was unreal. Usually, I have a pretty high percentage win rate. Today was unreal though. I put on so many trades and didn't take a single loss. Tagged Z on the way up, on the way down, on the way up...
  20. E

    Discretionary Equity Trading Journal

    Crushing migraine today and almost an all nighter last night with a crying baby, so I am not really up to give it 100% today. Caught a very light long in AAPL . But, missed my entries long for TSLA reversal and shorts in most stocks on my screen, because I am struggling keeping my eyes open...
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