GoodPunk6's Trading Journal
- Thread starter GoodPunk6
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I was only there on Tuesday morning. So I missed a lot. Was it something that could have been useful?
I didn't write an entry on Friday because I didn't trade. After 2 weeks of consistent losses (-$1000), I figured that taking a day off would be beneficial. Well, after a long weekend I feel refreshed and determined to learn from the mistakes I've been making over the past 2 weeks. I've noticed that now that I'm trading more momentum, I need to be more selective of my entry. Patience is key, just like it has always been. I need to wait for the right setups on the chart and wait to execute. While I'm trading this new style I'm going to be a bit more cautious by trading 300 shares MAX!
I've been through these feelings before and I know that with determination and patience I'll get through this and become more profitable than I was before. Discipline must become a virtue.
Good Trading!
Good morning!
I'm glad I had a day like yesterday. I forgot what it was like to make money!
NT was finally trading the way it normally does. So I was able to make the best of it. Although, now that I think about it, I did something really stupid yesterday. I lost $50 on a stupid keyboard error. I HATE THAT! Nevertheless, I've moved on.
Good Trading!
I'm glad I had a day like yesterday. I forgot what it was like to make money!
NT was finally trading the way it normally does. So I was able to make the best of it. Although, now that I think about it, I did something really stupid yesterday. I lost $50 on a stupid keyboard error. I HATE THAT! Nevertheless, I've moved on.Good Trading!
Unbelievable!
I lost $13 and spent $160 losing it! This is SSSSSSSSSSOOOOOOOO GREAT!!!!!!!!!!!!!!!! L;KJASD;LKJ DFSLK;JASILPado fjpjlisdf; jklvopiuqseuiodfo ipfusadfaasdfasdfksdflsdfldfsashkl
Not that I'm mad about it........
I had 30 buy executions, 27 sell executions, and 201,400 shares traded. I fuckin suck!
Tomorrow BETTER be a better day!
I lost $13 and spent $160 losing it! This is SSSSSSSSSSOOOOOOOO GREAT!!!!!!!!!!!!!!!! L;KJASD;LKJ DFSLK;JASILPado fjpjlisdf; jklvopiuqseuiodfo ipfusadfaasdfasdfksdflsdfldfsashkl
Not that I'm mad about it........
I had 30 buy executions, 27 sell executions, and 201,400 shares traded. I fuckin suck!
Tomorrow BETTER be a better day!
Good morning!
I've been thinking lately about my career as a trader. Although it hasn't been very long, I've been told that I'm doing great. So I've been pondering, "Am I really doing that well?" I'm sure that I'm just being obsessive and compulsive but within these past 4 and half months, I've only made about $1,400 in take home profits. In October (before I started this journal), I lost money. I lost about $1,100. In November, I made it all back. In December, I was having ups and downs. January was the best month I've had. I made my first grand in January. But this month has been a real ride. I made a good amount, lost it all, and now I'm flirting with being flat for the month.
Perhaps all this worry isn't warranted. Perhaps I'm just being over critical. But I believe that every emotion stems from some underlying truth. Don't get me wrong, I'm not thinking about not trading anymore, but I'm beginning to doubt how well I'm doing.
Regardless my emotions, I must remain disciplined. Patience is key. I will wait for my setups. I'll keep an eye on the prevailing trend and time my entry. Now that I'm trading more momentum, I need to remember that I shouldn't get shaken out easily. The prevailing trend is what is important. For instance, if I'm short in a downtrend, and it goes against me a few cents, I need to remember that the trend is still there.
Good Trading!
I've been thinking lately about my career as a trader. Although it hasn't been very long, I've been told that I'm doing great. So I've been pondering, "Am I really doing that well?" I'm sure that I'm just being obsessive and compulsive but within these past 4 and half months, I've only made about $1,400 in take home profits. In October (before I started this journal), I lost money. I lost about $1,100. In November, I made it all back. In December, I was having ups and downs. January was the best month I've had. I made my first grand in January. But this month has been a real ride. I made a good amount, lost it all, and now I'm flirting with being flat for the month.
Perhaps all this worry isn't warranted. Perhaps I'm just being over critical. But I believe that every emotion stems from some underlying truth. Don't get me wrong, I'm not thinking about not trading anymore, but I'm beginning to doubt how well I'm doing.
Regardless my emotions, I must remain disciplined. Patience is key. I will wait for my setups. I'll keep an eye on the prevailing trend and time my entry. Now that I'm trading more momentum, I need to remember that I shouldn't get shaken out easily. The prevailing trend is what is important. For instance, if I'm short in a downtrend, and it goes against me a few cents, I need to remember that the trend is still there.
Good Trading!
Good Morning!
Well, today I have my first interview. Hopefully all will go well and he'll be hired. He'll be the first member of my team. I'm gonna be a team leader!!! Yay!
A fellow trader recommeded that I add a MACD to my charts. I'll take his recommendation and see what I can do with it today.
Good Trading!
Well, today I have my first interview. Hopefully all will go well and he'll be hired. He'll be the first member of my team. I'm gonna be a team leader!!! Yay!
A fellow trader recommeded that I add a MACD to my charts. I'll take his recommendation and see what I can do with it today.
Good Trading!
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