Last Pieces of the Puzzle Journal

11/11/2019
**********
Gross ($767.00)
Out at 3:59:49!

  • NOT GOOD: I should have taken my profit on a position early on, but it quickly reversed and ended up hitting my stop
  • GREAT: Even when I was down, about 4x's more then when I exited at the end of the day, I DID NOT INCREASE SHARE SIZE ! =) I stuck with my plan and chipped away at it. My daily goal average is about .35, so having a horrible day of sorts and only being down .50 (on 1800 share size) is very digestable. DID NOT BLOW A HUGE HOLE IN MY EQUITY.
  • NOT GOOD: Stay away from extremely volitile stocks
 
I had my 2nd successful overnight position this week, but I am still not comfortable with a potential large gap up or down at the open.

I am still adjusting to find the right share size/risk/stop/goals for daytrading....
Today 11/14 I adjusted my share size down to 500 and will monitor my success/failures at this level

Recap of my net for the last 7 days:

11/06 + $111.53
11/07 + $17.30
11/08 + $702.49
11/11 - ($891.00)
11/12 - ($3741.06)
11/13 + $1116.51
11/14 + $513.04
 
LAST POST 11/15/19
A lot has happened personally and in my trading account since then.
But that is not the reason for this post.

Friday 2/14/20

I am writing today because when I originally started this journal, oh so many years ago, one of the "pros" of posting each day, was that the post was an exclamation mark and the end of the day. Posting helped with structure = end of day, don't over trade, don't do anything outside of the plan, etc.,.

My trading plan is based on the market opening and I have a level at which I want to take profits.

4 Stocks Traded
Position Size 800 shares
Out 9:56 am

ATUS = +$157.00
CTL = ($7.33)
VIAC = (177.50)
KHC = +319.00
============
GROSS +$291.18

Don't forget your Valentine's Day gift...GO GIVE SOME LOVE!!!!


 
Tuesday 2/18/20

4 Stocks Traded
Position Size 900 shares
Out 3:56 am

DVN = +$197.06
MRVL= ($63.50)
PETS = +$36.00
VIAC = ($360.00)
============
GROSS ($190.44)

Short Week, but

looonnnngggg day......."Gonna Ride Til I Can't No More..."

 
Wednesday 2/19/20

4 Stocks Traded
Position Size: 900 shares
Out 11:30 am

CNQ = ($22.15)
EBAY= +$55.00
TCOM = +$446.00
GIL = ($116.00)
============
GROSS +$362.85

I feel good; mentally strong.
Capable of carrying out the mission.
 
Thursday 2/20/20

5 Stocks Traded
Position Size: 1000 shares
Out 3:59 pm

SNAP = +$60.00
TEVA= ($327.00)
COMM = +$543.44 (Not part of the plan, went slinging at the close: size 4400)
worked out this time, but these are the trades that cause damage to my account size
MPLX = ($368.55)
BEN = ($38.73)
============
GROSS ($130.83)

Creeping up to 1100 share size tomorrow. Making a few adjustments to my plan.
 
Friday 2/21/20

6 Stocks Traded
Position Size: 1000 shares
Out 9:45 am

VTVT = +$40.00
S = ($70.00)
BEN = ($22.00)
DVN = +$210.00
TCOM = +$214.00
UVXY = +$202.00
============
GROSS +$574.00

I added two more trades to the set and increased my goal proportionately.

TGIF !!!
 
Monday 2/24/20

8 Stocks Traded
Position Size: 1000 shares
Out 10:06 am

JNPR, EGO, AGRX, CYH, COMM, PLUG, FCX, KGC
============
GROSS +$604.00

Plan adjustment for the last 2 trading sessions is working out well.
Just another Manic Monday

 
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