Last Pieces of the Puzzle Journal
- Thread starter ps0013
- Start date
Your boss OK with that or you doing your trading from your desk at work in secret (boss does not now about it) ?
Your mobile device or work computer ?
wrbtrader
I am 1 of 3 that run the company, so I basically don't have a boss. Work computer.
As much as I would like to give 100% attention to trading, there are some distractions at work, but very few. No more than the couple of days I traded from home.
I started entering trades at 9:11 am today and was out of the market at 9:31 am.
So, today very minimal "double-duty"
I work from 6:30 am to 4:00 pm-ish.
GOAL: Increase share size by 100 on each 1st & 15th of the month. Stay consistent. Build the Account. Become a "Professional Day Trader" =) !!!!!!!
As much as I would like to give 100% attention to trading, there are some distractions at work, but very few. No more than the couple of days I traded from home.
I started entering trades at 9:11 am today and was out of the market at 9:31 am.
So, today very minimal "double-duty"
I work from 6:30 am to 4:00 pm-ish.
GOAL: Increase share size by 100 on each 1st & 15th of the month. Stay consistent. Build the Account. Become a "Professional Day Trader" =) !!!!!!!
So, update:
Multiple setbacks in the last 60 days, mostly controlling loss issues.
But I am excited about a new strategy that I will be trying live today and I will track the results here.
One of the main differences, is that I have:
Preselected the stocks that I will be trading today.
Predetermined the time that I am entering them.
Predetermined my stop loss.
We will see...
Multiple setbacks in the last 60 days, mostly controlling loss issues.
But I am excited about a new strategy that I will be trying live today and I will track the results here.
One of the main differences, is that I have:
Preselected the stocks that I will be trading today.
Predetermined the time that I am entering them.
Predetermined my stop loss.
We will see...
05/01/19
Happy with another positive result.
TODAY
4 Total Trades
4 Winning Trades
0 Losing Trades
Avg. Win: $44.00
Avg. Loss: $0
Today's Gross Profit $176.00
2 DAY TOTAL
8 Total Trades
7 Winning Trades
1 Losing Trade
Avg. Win: $59.78
Avg. Loss: ($111.00)
Total Gross Profit $287.00
Average Day Gross Profit $143.50
Happy with another positive result.
TODAY
4 Total Trades
4 Winning Trades
0 Losing Trades
Avg. Win: $44.00
Avg. Loss: $0
Today's Gross Profit $176.00
2 DAY TOTAL
8 Total Trades
7 Winning Trades
1 Losing Trade
Avg. Win: $59.78
Avg. Loss: ($111.00)
Total Gross Profit $287.00
Average Day Gross Profit $143.50
These Trades were at 100 Shares Each
05/02/19 - DAY 3 OF THE NEW STRATEGY
+$304.18
Swayed from the base strategy a bit. Looking to be a little flexible, but stay close to "center".
I just did an "inventory" of my losses from the past 3+ years (prior to that I had some trading/losses in 1999, 2008-10 but that wasn't too much $ and so long ago I don't count it any more) Currently losses down about ($67,500).
I never had $100k in my account..I would have $30k, account would go down below the $25k mark, I would add $5k, it would dip under again, add again, etc.,.
I am going to slowly chip away at that loss.
+$304.18
Swayed from the base strategy a bit. Looking to be a little flexible, but stay close to "center".
I just did an "inventory" of my losses from the past 3+ years (prior to that I had some trading/losses in 1999, 2008-10 but that wasn't too much $ and so long ago I don't count it any more) Currently losses down about ($67,500).
I never had $100k in my account..I would have $30k, account would go down below the $25k mark, I would add $5k, it would dip under again, add again, etc.,.
I am going to slowly chip away at that loss.
I wanted to mark this day. My biggest struggle has been not being able to sit patiently during a losing day without deviating from the plan. I have always talked myself into making an adjustment, more shares, open a new trade, mistake, mistake.
TODAY I finally followed my plan all day, even though I was at a loss all day. I was sticking with the plan. Right down to the last hour of the trading day, when my one winning trade of the day outpaced my 3 losers. So although I didn't post a loser today, I was right there and ready to.
A HUGE DAY to check the boxes for psychology and discipline.
J.D.Y.J.
TODAY I finally followed my plan all day, even though I was at a loss all day. I was sticking with the plan. Right down to the last hour of the trading day, when my one winning trade of the day outpaced my 3 losers. So although I didn't post a loser today, I was right there and ready to.
A HUGE DAY to check the boxes for psychology and discipline.
J.D.Y.J.
Update:
For the last 10 trading days I have been working a new trading plan. Trying to put all of the adjustments and pieces together.
For the first 9 days it was my most discipline trading I have ever done. Yesterday I went off of the reservation, but luckily it didn't hurt me.
DAY 1 + 99.71
DAY 2 + 36.95
DAY 3 + 87.06
DAY 4 + 128.44
DAY 5 (323.12) this was my stop for the day, happy I stuck to it.
DAY 6 + 352.64
DAY 7 + 152.17
DAY 8 + 75.66
DAY 9 + 125.32
DAY 10 + 218.57
TOTAL + 953.40
AVG DAY + 95.34
For the last 10 trading days I have been working a new trading plan. Trying to put all of the adjustments and pieces together.
For the first 9 days it was my most discipline trading I have ever done. Yesterday I went off of the reservation, but luckily it didn't hurt me.
DAY 1 + 99.71
DAY 2 + 36.95
DAY 3 + 87.06
DAY 4 + 128.44
DAY 5 (323.12) this was my stop for the day, happy I stuck to it.
DAY 6 + 352.64
DAY 7 + 152.17
DAY 8 + 75.66
DAY 9 + 125.32
DAY 10 + 218.57
TOTAL + 953.40
AVG DAY + 95.34