The almost guaranteed to lose day trading journal.

[Kim Jong Un]

I am a loser. I mean, I just suck. After so many years of day trading, I've been very consistent at one thing, losing money. I've been so consistent, I am wondering if others could make money by just doing the opposite of me?

I'll post live, before the fact trades here. I'll just do the ES for now. 3 point target, 1.5 point stop.

First trade:

Buy 2933.25

 

[Kim Jong Un]

Off to a good start.

I'm including a 4 dollar round trip commission.

Me = - 71
Other side = + 71

 

[Kim Jong Un]

Buying 1930.75

 

[maxinger]

you need to be careful.
as of now (ie 10 minutes before opening),
there is no evidence ES will go up.

So I guess you trade based on anticipation (ie you assume or hope it will go up).

 

[Kim Jong Un]

I'm on a role.

Me = - 142
Other side = + 142

 

[Kim Jong Un]

Buying 2927

 

[Kim Jong Un]

Wow. I'm hot today.

Me = - 203
Other side + 203

 

[Kim Jong Un]

I've actually been calculating the commission wrong. Should be =

Me = - 227
Other side = + 203

 

[Kim Jong Un]

buying 2921

 

[Kim Jong Un]

So this is going to get confusing. I would have been stopped out, but anyone taking the opposite side wouldn't have hit target. So, unfortunately, I'll count a lose for myself but also a lose for the opposite side.