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  1. JoeF

    The journal of steady, dull and uninteresting trading

    I've decided to put the nail in the coffin. This is the end of this journal. 2 years dedicated towards monthly updates. It has been quite the ride. And it is time to say good-bye. I had to look at the overall picture. The option will always be there to be a market participant. I will be...
  2. JoeF

    The journal of steady, dull and uninteresting trading

    March Update Green Month A very modest month, but green nonetheless. Only towards the end of the month I started to get more active. Am exploring another platform as I paid a boatload of fees last year. My goal is to generate consistency over the long term. Part of that requires a great...
  3. JoeF

    The journal of steady, dull and uninteresting trading

    Feb Update RED Month Traded very little in February. Very minor loss. I'm stepping back some due to headline risk. The good thing is that I don't need to always be super active in the market. May March prove fruitful.
  4. JoeF

    The journal of steady, dull and uninteresting trading

    Jan Update RED Month Definitely not how I wanted to start the year. Main error was pushing risk too much, doing things that were outside of what I know to be successful. Feb, back to the basics of what I know. My own build back better plan. Truck on.
  5. JoeF

    The journal of steady, dull and uninteresting trading

    I use FinViz and TC2000. I also use Benzinga.
  6. JoeF

    The journal of steady, dull and uninteresting trading

    December Update Green Month I just squeaked past a goal I had set for the month. More than anything, looking for better consistency. My trading I feel is maturing where I can really developing the ability to sit and wait for better setups. I am taking size when I feel the edge is in my favor...
  7. JoeF

    The journal of steady, dull and uninteresting trading

    November Update Green Month Able to fully erase the last couple months and finish beyond my goal for the month. Took on more risk than I would have liked. The bulk of the gains came from several trades in GME which is not a stock I typically trade. I am more selective about my trading, taking...
  8. JoeF

    The journal of steady, dull and uninteresting trading

    Appreciate the insight Overnight and themickey :thumbsup: October update Red month. It wasn't crazy and I know exactly what went wrong. Zero focus, little preparation. I realized that back to back red months are pretty small, I could outpace them in one trade. Now that I have a mountain of...
  9. JoeF

    The journal of steady, dull and uninteresting trading

    September Update I paid my tithes to the fee gods this past month. I'm switching things up. Focus more on swings for now. Looking at this bigger picture, it takes quite a bit of screen time to generate the revenues. If I can finess the swings, it will mean a lot less stress. I was...
  10. JoeF

    The journal of steady, dull and uninteresting trading

    August Report It took close to 2 weeks before I felt like doing much in the markets. Mix in travel and quarantine into the equation. I'm back to trading regularly, trading as much as I can within the scope of my parameters. Any time I deviate, it does not end well. My day job has ramped up...
  11. JoeF

    The journal of steady, dull and uninteresting trading

    July Update Took hits doing things that are not aligned with how I trade. Scaling back trading for the next bit. I've dedicated a lot of hours each day to trading and long term, it is not ideal. Dedicating time to a business startup, which is more aligned with my passion. Ideally I am...
  12. JoeF

    The journal of steady, dull and uninteresting trading

    June Update I followed the plan of making it the #1 priority. It turned out to be my best month since working this comeback trail last March. I'm glad I did not take that break and realized what I needed to do. The market seems more conducive to overnights again, so I will be doing that...
  13. JoeF

    The journal of steady, dull and uninteresting trading

    May Update Was a tough go. I found myself distancing from trading. I thought about doing a 2 month break but realized that I am most successful when this is the number 1 priority. Just a couple days ago, I made the switch back. Friday, although just one day, was a clear example for me...
  14. JoeF

    The journal of steady, dull and uninteresting trading

    April Update On the comeback trail. Positive for the month on light vol (250K) with 7 red days. A couple days I did not trade at all as I focused more on work instead. The value for how I trade has not been there for most of the month. COIN direct listing on day 1 was decent. My nightly...
  15. JoeF

    Living off Trading

    It's not an easy business. You have to be willing to constantly learn and work on yourself. You need to develop a consistency in process. Markets are always changing. Now it is much slower than a few months ago. You need to be able to observe and adapt. It is advisable to be in a position...
  16. JoeF

    The journal of steady, dull and uninteresting trading

    Ugh! Sums up March Well, it was a memorable month but not in the way I would like. 14 negative days. Negative month. Gave back roughly 60% of Feb gains. I got slack, went too big on overnight holds, and went on a tailspin. I believe I may have had the rona...or something. I got zapped for a...
  17. JoeF

    The journal of steady, dull and uninteresting trading

    February is in the books. Been working on a new strategy for overnight holds which is promising. Finished slightly lower than the previous month. 7 negative days which is too much. I was not as prepared on a daily basis as I should have been. I feel like most of the big distractions are out...
  18. JoeF

    The journal of steady, dull and uninteresting trading

    January 2021 update: I moved to a new country (for a few months). Getting everything arranged on both ends certainly was a distraction. It was a lot of work as I had a lot of other activities and responsibilities to get handled. Despite that, was able to slightly outdo December on a net basis...
  19. JoeF

    why does prop trading have such a high turn over?

    Based on your figures, doesn't that suggest that prop trading has a higher success rate?
  20. JoeF

    What should a successful Trader's day/week look like?

    It's a work in progress, really. I trade premarket starting at 4am. During regular hours I trade the first 1-2 hours. Middle of the day I work a sales job for 2-3 hours. I'm often trading while on a call. Trade the after hours until 8pm. Try to get in chart work before 8pm to be ready for the...
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