Kon, these are actually from free stock charts and yes I do prefer these hands down!!!. I'll send u the link in a bit.
Sam's Day Trading Log (With Charts)
- Thread starter Sam Morgan
- Start date
Missed ya around here. Nice to see you're back.
Yes I'm still here. Occasionally, when I disappear for longer than usual, I'm probably battling my trading storms, due to some silly acts I may have committed.
I've got my eye on this one. Thanks 4re.
Should still be in it if you enetered when you said you did. Will it work out, I don't know but it still looks good to me.
You should still be in it but I am still showing that you should stay with it for now. Along the way I will tell you when to exit if you want to be conservative or if you want to play the trend and go longer.
Pop goes the weasel, goes the weasel goes POP!!! and sure enough, yesterday it popped!!!.
Yesterday, reality knocked on my door. Yes, I came down from the clouds with a pretty shaky landing!!!:eek:
:eek:
My daily max. loses is $500, I hit -$376.85 and was just not happy with my trades. I decided to stop trading as I am pretty certain that it wouldn't have taken long to get to the max loss for the day. That $500 temptress was seductively purring at me, and I wasn't going to be swallowed whole. She bit my tail, but i'll grow it back, EVEN LONGER this time round.
In reality, I have not been as comfortable trading with real money. It seems that when I converted everything got pushed a notch higher: fear, greed, anxiety, #of trades (increased by the day) and all that good stuff. I had recognized the flows and needed to correct them, but beginners luck had kept me in for this much longer.
So I was done trading by 10:45 am yesterday and was in a bit of a foul mood (normally, I'm a great sport and accept losses with a smile) and that was something out of my character. I very quickly understood that the contributing factors maybe that this is really important to me and I CANNOT accept failure, or maybe it was the shock of losing this kind of money!!!. Whichever it may be, I think I can make it work positively for me.
By 11:30 am, I was at the outlets with my wife and 9 month old son, got some pretty good deals and ended the day with a really nice dinner at this new Mediterranean Grill place. The kebabs are to die for!!! Oh, and yes, after the shopping/dinner, I suppose i did hit my $500 max lose for the day, but that last part of the lose was well worth it
Forward to this morning: Yesterdays day out worked like magic. I am rearing to go. No trading however, until I have worked out my glitches and fine tuned a couple of things that were overdue.
I hope to see all of you in a week or two. In the mean time, I will be following your journals. Make some money and hope to see more when I get back.
SM
Yesterday, reality knocked on my door. Yes, I came down from the clouds with a pretty shaky landing!!!:eek:
:eek: My daily max. loses is $500, I hit -$376.85 and was just not happy with my trades. I decided to stop trading as I am pretty certain that it wouldn't have taken long to get to the max loss for the day. That $500 temptress was seductively purring at me, and I wasn't going to be swallowed whole. She bit my tail, but i'll grow it back, EVEN LONGER this time round.
In reality, I have not been as comfortable trading with real money. It seems that when I converted everything got pushed a notch higher: fear, greed, anxiety, #of trades (increased by the day) and all that good stuff. I had recognized the flows and needed to correct them, but beginners luck had kept me in for this much longer.
So I was done trading by 10:45 am yesterday and was in a bit of a foul mood (normally, I'm a great sport and accept losses with a smile) and that was something out of my character. I very quickly understood that the contributing factors maybe that this is really important to me and I CANNOT accept failure, or maybe it was the shock of losing this kind of money!!!. Whichever it may be, I think I can make it work positively for me.
By 11:30 am, I was at the outlets with my wife and 9 month old son, got some pretty good deals and ended the day with a really nice dinner at this new Mediterranean Grill place. The kebabs are to die for!!! Oh, and yes, after the shopping/dinner, I suppose i did hit my $500 max lose for the day, but that last part of the lose was well worth it
Forward to this morning: Yesterdays day out worked like magic. I am rearing to go. No trading however, until I have worked out my glitches and fine tuned a couple of things that were overdue.
I hope to see all of you in a week or two. In the mean time, I will be following your journals. Make some money and hope to see more
when I get back.SM
Thanks for the support 4re. I see this as a minor bleep in my trading which needs to be corrected asap. I can still continue, but do not want my trading style to evolve negatively nor do I wish to take any longer than required (a stitch in time save nine).
Before I started, I knew what the reality of trading was. That is reflected by my tighter than usual stops. I also was pretty certain, that when I converted to real money, my trading would change. This it has, but no more than what I had anticipated.
I'm not going anywhere, anytime soon. This is something that I chose to do and will finish it successfully.
Thanks for the support 4re; I will PM you if need be.
SM
No trading today? AIG really moving now.