DT1 Swing Trading Journal

Quote from DT1:



Well it depends. I set my stop to the low of the day or the day before I open the position. I generally close the position after 2 or 3 days except if it goes my way.

DT1
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I was referring to the your exit for profits?
 
Quote from Trend Fader:



I was referring to the your exit for profits?
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I usually close my positions after 3 days except if the close is close to the high of the day (if I am long). Sometimes I look at the relative strengh of the stock compare to the indexes. If the index is up 2% but the stock is breaking even then I would close the position.

DT1
 
Quote from Trend Fader:

How did you handle LEXR?
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My stop was below the low of the day before my trade. I have been stoped out. But it was not a mistake, the trade was fine.
 
TOTAL P&L = 1461$

-100 SGR
+200 BOH
+100 RSG
+200 TOM
+200 CHRS
+200 HPOL
+200 MBG
-200 ROIAK
-200 PKTR
-200 EMMS

I made some mistakes yesterday. Let us see what tomorrow will bring :)

Good trading,
DT1
 
Quote from DT1:



My stop was below the low of the day before my trade. I have been stoped out. But it was not a mistake, the trade was fine.
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Good thing u had a physical stop in there. When I swing I always have a physical stop to avoid situations similar to LEXR.




--MIKE
 
TOTAL P&L = 1513$

Two new positions:
+100 MCD
+200 GLG

and still
-100 SGR
+200 BOH
+100 RSG
+200 TOM
+200 CHRS
+200 HPOL
+200 MBG
-200 ROIAK
-200 PKTR
-200 EMMS

Good trading,
DT1
 
Quote from Trend Fader:



Good thing u had a physical stop in there. When I swing I always have a physical stop to avoid situations similar to LEXR.




--MIKE
More...

I am testing a new strategy which is costing me a lot (the LEXR trade for instance). Yes hopefully I always use stops :)
 
TOTAL P&L = 1265$

+200 BOH
+100 CHRS
+100 HPOL
-200 ROIAK
+100 MCD
+200 GLG

+100 GPN (new position)

Good trading,
DT1
 
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