Resumption of Daytrading

Big loss -600 or so.
Size was larger. Confidence was lower.

Bet ya a nickel this shit rocks the next two days, not gonna trade it.

I ran calculations at http://www.firecalc.com/ today and I really can maintain lifestyle and not do this any longer. Perhaps even increase my lifestyle...

The loss hurts, I might stop and focus on the end game.

Will watch and see, no big decisions. Lean into this pain, learn.
 
April 2016 Update:
Only a few trades, bought core all along, added $650
+135
-21
+480
+280
-600
+180, increased size
-558
If my math is correct I was down 218 for the month, really shocking to me, I thought I was profitable.

Confidence shaken a bit, open to feedback?
 
nursebee said:
April 2016 Update:
Only a few trades, bought core all along, added $650
+135
-21
+480
+280
-600
+180, increased size
-558
If my math is correct I was down 218 for the month, really shocking to me, I thought I was profitable.

Confidence shaken a bit, open to feedback?
More...

Usually cause of April 15th and people reduce putting funds into the market for retirement other that those who cost ave down each month. Aprils are tough month to get consistent monies after the 15th, I never make core trades for 30 days after the 15th. Now with summer here, can expect lighter volume overall.
 
H123, thanks for the thoughts. I'm guessing there are not that many folks participating in the forums, was really expecting some bashing ( I was baiting). Mid April my first 600 loss really had me questioning if I should continue or just sit on my hands. This money is earmarked as early retirement living expenses. April I lost about a percent.

May was a better month, only one small losing trade. I added 1850, bought more core shares.
+180
+321
+310
-28
+429
+120
Total +1332, about 5% of current acct value

June is going well. Up 8.6% so far, $1953
+424
+699 This was remote.
+830 This one was yesterday, I stepped up size to a 10K block. It was almost near perfect buying at the bottom. I held for 33 minutes.

If I keep size up losses could be heavy if there are any disturbances in the market, bad news out for this or related companies. I am observing more/better am action. I've thought that bull market action in stocks would be a U shaped pattern throughout the day, the right side U does not happen so much with this. I am proving to be better am.

Acct value this am is $22,617 and holds 3542 PROFITABLE shares. Day trade profits exceed profits in the shares. Thus far keys to my meager success has been not needing the money, capital replenishment (day job), reasonable discipline with selective entries, I'm gonna say a decent feel for the action based upon YEARS following the particular issue. As I approach 25K I am considering other avenues to profit. One particular idea is appealing, I should do some research on it when I hit 25K and trade smaller size. I do not think I will step up my trading in the issue I have been trading.
 
XIV this am +594.
With the 2,000 shares I bought I figured it could be a $2K trade but company is expected 8 minutes ago and I cant monitor this when they are coming.

Trade would have been up another 1k as I finish writing this.
 
So I added to acct to get above 25K
THought about a couple ways to generate ideas I have.
One of them is not possible or realistic any longer.
And I've been poisoning my mind with The Snowball, not so interested in my other idea for now.
So while able and a little anxious I maintain course

except for a short time ago +234, took the low gain as this market is DULL amd I aint got the feel.

+2781 MTD, >10%
 
Way to go, keep it the good profits and make bad losses small. Don't let anyone's views creep into your thinking, most be jealous of what you doing and will mess with you. Most of the time it seems most people don't want anyone to do better or get ahead of them, screw 'em.
 
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