New Journal

[cmeitester]

Slow drip continues. Keep getting chopped around. Moved half the money from Etrade to IB and added another $3000 -

 

[VicBee]

Hang in there. For reference, my high performing Fidelity all stocks growth investment is down 18.72% for the year. Tough market.

If this helps for perspective... My investment above is down 21.67%.

As a very successful newbie trader in 2020, 2021 was a year trying new things to see what I was most comfortable doing but the year ended lower as I just couldn't make anything happen. I stopped day trading at the end of the year and stayed out in 2022 out of clarity about my lack of ability to day trade a bear market (I rarely short stocks).
Instead I went into investment mode with TSLA, the most solid company I can think of today to withstand this bear market. I also trade its movements relatively well because I've been laser focused on that stock over the last 3 years.

The lessons I've learned to date is to laser focus on a few volatile to semi volatile stocks (5-6 max, 2-3 best) until their general trend become relatively predictable to trade.
I must emphasize that I'm not a technical trader and do best on big picture, momentum trading and don't feel obligated ever to trade.

 

[cmeitester]

If this helps for perspective... My investment above is down 21.67%.

As a very successful newbie trader in 2020, 2021 was a year trying new things to see what I was most comfortable doing but the year ended lower as I just couldn't make anything happen. I stopped day trading at the end of the year and stayed out in 2022 out of clarity about my lack of ability to day trade a bear market (I rarely short stocks).
Instead I went into investment mode with TSLA, the most solid company I can think of today to withstand this bear market. I also trade its movements relatively well because I've been laser focused on that stock over the last 3 years.

The lessons I've learned to date is to laser focus on a few volatile to semi volatile stocks (5-6 max, 2-3 best) until their general trend become relatively predictable to trade.
I must emphasize that I'm not a technical trader and do best on big picture, momentum trading and don't feel obligated ever to trade.

Thanks Vic. I have tried to do the same - focus on a small list of volatile stocks. Just cannot get it going

 

[cmeitester]

Best day in a while, up $1570 -

Combined Etrade and IB accounts -

Some of the things I like about IB, compared to Etrade Pro-
- Take my watchlist from Desktop to Mobile
- Can add Futures and FX symbols to the watchlist and if wanted to can trade everything in one account
- Stop execution at Etrade is just a thievery