Day trading : 150 days - 1 % return per day (weekly updates)

[helmethermit]

To turn the worst into the bad is key.
Make the worst better is 80% of the job done.

Tabula rasa. You better have a blank mind when opening a new trade.

Don’t let the short term ups and downs affect your processes. Do what has to be done, now.

You’re up 38% within a two week period.
It’s amazing. Maybe over leveraged, but nice.

May the force be with you.
Play great defense !

thanks seikyo,

no- i do not go in for that many lots in one trade. the day end summary adds up all trades of the day. i usually have some 6/8 trades on any given day.

off late i cannot buy on limit order as broker execution is taking minutes !!! so i go market orders (takes 30 seconds !!!) and this is dangerous. i am never exposed more than the lots i can afford minus leverage. i do not use leverage.

let me see how this week goes. last week had been up an down and happy that damage control was in place.

the markets are not really working on technical - more of virus news. but the same is true of all indices.

let us see how this week goes. reduced number of trades due crazy volatility. keeping my fingers crossed and hopefully i will be able to keep crawling forward.

safe trading and take care - stay safe

 

[helmethermit]

week 003 update:

start capital @ week 003 - 3840 (week 003) / 2861 (start)
end capital @ week 003 - 4118
profit/Loss: 278 $ profit / 1257 $ profit
% profit/Loss : 9 % (profit) / 44 % (profit)
% daily avg - 3.6 % (profit)

summary:
has been a lucky week overall i guess. were just 3 trading days.
personally i was on my best behavior and pleased with my trade discipline.
too much slippage and so i decided to cut down trades. was a good move.
long weekend break and let me see how the next week goes.
next week too has just 4 trading days.

so that is all for now. not a great week return wise but very satisfying from a discipline and adherence to trade plan point of view.

next update - end of week 004.

safe trading to all and take care