Resumption of Daytrading
- Thread starter nursebee
- Start date
March is coming to a close and I am tallying the month.
Only two trades, basically as expected. -130, +772, net for month from trading +642
Account now totals $10,713 and holds 2052 core shares.
I added $1500 and bought more shares @4.82, 5.07, 4.92
I missed on some trades that I would have taken had my mobile abilities been better. Entries would have been in the am in first hour with exit later in the day. I told my spouse of specific closing day expectation, it came earlier, I would have exited. The trade would have been a high confidence large shares size with profit >$1000. I knew the trade was going to be there at close the previous day!!! (I actually tried to enter early am trade @4.92 this day, platform was slow and I did not know how easily I could exit as I travelled, target hit was 5.3) There was another less confident trade, likely would have been smaller size and would have been 200-400 profit.
Of course, hindsight is easy to see the success that could have been.
I do not know what to expect for the month with this single stock. There are some upcoming price drivers (lol) that ought be bullish.
Ciao.
Only two trades, basically as expected. -130, +772, net for month from trading +642
Account now totals $10,713 and holds 2052 core shares.
I added $1500 and bought more shares @4.82, 5.07, 4.92
I missed on some trades that I would have taken had my mobile abilities been better. Entries would have been in the am in first hour with exit later in the day. I told my spouse of specific closing day expectation, it came earlier, I would have exited. The trade would have been a high confidence large shares size with profit >$1000. I knew the trade was going to be there at close the previous day!!! (I actually tried to enter early am trade @4.92 this day, platform was slow and I did not know how easily I could exit as I travelled, target hit was 5.3) There was another less confident trade, likely would have been smaller size and would have been 200-400 profit.
Of course, hindsight is easy to see the success that could have been.
I do not know what to expect for the month with this single stock. There are some upcoming price drivers (lol) that ought be bullish.
Ciao.
I tried to short 100 sh of ecar company, was not able. It would have been a bad trade.
I considered daytrade long another company mid day when SP seemed to be turning up, lacked conviction that it would have been a nice gain so I sat on my hands, or rather, enjoyed the great outdoors.
I added $800 to the account and will look to add core shares. If market opens down much I will consider a daytrade with higher reward.
I considered daytrade long another company mid day when SP seemed to be turning up, lacked conviction that it would have been a nice gain so I sat on my hands, or rather, enjoyed the great outdoors.
I added $800 to the account and will look to add core shares. If market opens down much I will consider a daytrade with higher reward.
Long this am 2k @5.499, as SP hitting highs and this not going along. VWAP higher all week though bearish looking tail yesterday. Lower conviction, would have considered adding if it went much lower. Max target on entry was 5.7. THings bounced around, I took a quick profit @5.5735, made $135. Price higher now.
Up to now I think I have avoided Friday trades, certainly have intended to avoid them.
BUllish moves in the stock have been favorable for core holdings.
I find myself questioning relative lack of trades, especially those with conviction. But what the hell, if I only make 2/3% a month, I am an amazing success.
I'll ignore the negative thoughts and stick to the plan.
Up to now I think I have avoided Friday trades, certainly have intended to avoid them.
BUllish moves in the stock have been favorable for core holdings.
I find myself questioning relative lack of trades, especially those with conviction. But what the hell, if I only make 2/3% a month, I am an amazing success.
I'll ignore the negative thoughts and stick to the plan.
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So yesterday I expected a good close, bought in for the last hour, closed basically even for -$20. Size was only 2k though I did try to double up, order pulled for review/delay, either myself or the broker cancelled.
Today they opened lower while index was up, I figure it would go up quite a bit. High confidence I bought in 4k at the start, went down, I tried to add another 2K without success. Within an hour or two profit was okay though I had expected up to another 20 cents. Leaving the house I closed the trade for peace of mind with sure thing for profit of $480.
Account is large enough to put 20% down on another rental home but I am going to stick with this for now...
Jan $1034
Feb $1737
Mar $642
MTD $841 which is (LOL) 6.08% of current account value.
Total YTD $4254 which is 30.8% current acct value.
I bought 110 more core shares with profits.
Today they opened lower while index was up, I figure it would go up quite a bit. High confidence I bought in 4k at the start, went down, I tried to add another 2K without success. Within an hour or two profit was okay though I had expected up to another 20 cents. Leaving the house I closed the trade for peace of mind with sure thing for profit of $480.
Account is large enough to put 20% down on another rental home but I am going to stick with this for now...
Jan $1034
Feb $1737
Mar $642
MTD $841 which is (LOL) 6.08% of current account value.
Total YTD $4254 which is 30.8% current acct value.
I bought 110 more core shares with profits.