Jpomerenke's Trading Journal

Quote from KavMan:

It is good that you are profitable right now but you are playing with chump shares that doesn't really hurt you $$$ wise and give you stress when you make a mistake and in this uptrend you won't be afraid of buying in as your risk is low

Try playing with 1000-2000 shares
If you can be profitable like you are now with this size then you probably made it

Right now in this uptrend and with your small shares theres really nothing to be afraid of
The odds are in your favor that you will be profitable
Let's see you have the same mindset when the stakes are higher and bigger $$$ is on the line


This all IMHO
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I was taught along time ago, if you think about the money you wont make it as a trader. So either way, 500 share size liek i do now on bigger trades or 2000, it really shouldnt matter emotionally. If it does you have work to do on the phycological side of trading. But either way you are right, more size more emotions, which does affect trading. I disagree with the fact that you can say that in a uptrend liek we are having its easier to mak money trading intraday. I know to many people that have traded for years, and say the last 4 months have been the toughest. It boils down to viotility, and if your setups work in all types of markets.
 
Quote from jpomerenke:

...and i decided its ironic that i have a journal on here...and noone has posted a reply in quite some time...
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if you put the chart up you can tell how many viewers.
 
Quote from jpomerenke:


HMM i don't rember saying i was making alot. Read back in my journal, iv said many times, i still consider myslef in the breakeven stage, and also the learning curve. If i said anything remotely arrogant it was that ive made money every month. Not tons, but its the truth, so no arrogance there. Also i said i shot 90% this week. Not arrogant, just the truth.
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joey,
I took a swat at you and appreciated your response. Having said that, Id like to say that in my opinion, the bottom line is your a young GO-GETTER ( which is a high praise from a 10 year CBOT veteran member) and there is little doubt you will do well .
 
Ok guys,
I have decided to officially stop posting a journal in here. Its not benifial to me at all and to time consuming. I am very busy with school, and helping the back end of my dads company, along with trading. If anyone wanst to keep track of my performance, etc....add me to your IM or you can PM me here....Cheers
 
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