The Piker Trading Journal, Gains-Losses.

Hey, I was reading some of the posts by Elite Traders who were saying putting down gains can be detrimental to your social health. After seeing Barstool put his $600k gain I decided I don't care. The intent of my journal was never to brag, my goal was to give noobs an idea you can make gains on even a $5k account. That IBKR $5k is now headed to $50k since April 20.

Putting down a 60K loss, a 5K gain, or a 2 mil gain etc is not bragging. It is simply a fact.

If you made 10 figures, great! If you lost 10 figures, great! The world needs FACTS, not BS.

 
Putting down a 60K loss, a 5K gain, or a 2 mil gain etc is not bragging. It is simply a fact.

If you made 10 figures, great! If you lost 10 figures, great! The world needs FACTS, not BS.

I wish his bragging or facts did not insult Warren Buffet. Are you old enough to remember Victor Neiderhoffer the great trader? His first book was awesome with lots of bragging and second like "Tuesday with Morrey" but still a great read,
 
This gain was made off a $5000 account after absorbing a loss. Its hard because you got to make sure you have conviction in your trades because you can't keep churning your way out like a PDT. Smaller accounts teach you to be less sloppy.

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I played one of those Trade Halt stocks, it fell off a cliff. Started with $-600 loss and bought NVDA $370 Weekly(I own August Leaps in PDT accounts). After making up the loss I end the day with gain of $238.37. $850 turnaround today in a small account.


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Next trade, bought 6 contracts of SPOT, just sold at $12.40 per contract. I was way too early in this trade. Cancelled my order to sell at $14 even though that's where my price projection felt the Market would take it but it feels a little too shaky to me. My OPRA qoutes on all my data-feeds except for basic Level 1 quotes crashed. Three platforms with paid data fees and no OPRA working for me? Maybe its my personal problem, anyways reading SPOT was much better than trying to trade a crazy Robinhood stock like AMED.

6 contracts SPOT
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