Simple Trading Journal

nkhoi,

I understand, no problemo.

But now that you are here, do you have any comments on the trading journal?

(you didn't think I'd let you go just like that, did you? :) )
 
I exited the following positions yesterday:

NATR LONG EXIT AVG. $9.2 +.74 (PARTIAL)
IMR LONG EXIT AVG. $9.53 +.32 (PARTIAL)
WFMI LONG EXIT AVG. $71.9 +.90 (PARTIAL)
PRSF SHORT EXIT AVG. $7.34 -.30
SSP SHORT EXIT AVG. $94.1 -. 70

And I entered these two trades this morning:

YCC LONG $27.8 RISK ~ .7
GPI LONG $38.1 RISK ~ .9

As always, keeping my fingers crossed. :)
 
I exited the following positions yesterday:

GPI LONG EXIT AVG. $38.44 +.34
IMR LONG EXIT AVG. $9.62 +.41 (PARTIAL)
NATR LONG EXIT AVG. $9.68 +1.22
WFMI LONG EXIT AVG. $72.11 +1.11
YCC LONG EXIT AVG. $28.1 +.3 (PARTIAL)

And I entered these four trades this morning:

ACV LONG $62.54 RISK ~2
SSTI LONG $12.7 RISK ~.3
Q LONG $4.31 RISK ~.2
CI SHORT $54.31 RISK ~2.1

As always, keeping my fingers crossed. :)
 
I exited the following positions yesterday and early this morning:

ACV LONG EXIT AVG. $62.9 +.36 (PARTIAL)
SSTI LONG EXIT AVG. $12.74 +.04
Q LONG EXIT AVG. $4.61 +.3
YCC LONG EXIT AVG. 28.44 +.64
IMR LONG EXIT AVG. $9.78 +.57
CI SHORT EXIT AVG. $53.9 +.59

I entered these 4 positions this morning (this part was added in a bit after 10 am)

ACTL LONG $27.15 RISK ~1
CDIS LONG $24.61 RISK ~1
NTIQ LONG $13.76 RISK ~.6
BRCD LONG $7.00 RISK ~.4

OK, let's what will happen now :)
 
I exited the following trades:

NTIQ LONG EXIT AVG. $13.61 -.15 (PARTIAL)
CDIS LONG EXIT AVG. $24.83 +.22 (PARTIAL)
ACV LONG EXIT AVG. $62.82 +.28
BRCD LONG EXIT AVG. $6.84 -.16
CI SHORT EXIT AVG. $53.41 +.9

No new trades today - just kick back and catch up with my reading - it's Friday, February 13, in a leap year - good luck everybody!! :D
 
Soesman,

Good observation. Yes, this is a problem I haven't solved yet, or, at least my solution is not very elegant.

It is my perception that it is harder to daytrade a low priced stock, because just noise of the market tends to create trouble with your stops if they are too close. I find it easier to daytrade higher priced stocks, but maybe it's just me. And, although this journal here is basically about swing trading, I do tend to daytrade the positions a fair amount.

The way I handle this problem is to try and buy/sell fewer lower priced shares than a straight pecentage would dictate. In this way, I keep risk pretty close to the same "per trade." But, I do look at the chart and make sure I want to play that particular low-priced stock under these conditions. Make sense?
 
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