down $3.80. not even worth putting up the blotter :'( First down day in a couple of weeks. I'm just not feeling it today, I saw maybe one good opportunity.
Trader P/L 2005
- Thread starter Diamondtrim
- Start date
- Status
I can't imagine trying to trade with your mentality of "having" to make a certain amount every single day to hit a certain level for the month. Trade trades for what they are and what the potential is and throw away the day to day micro-managing This is not the way to think, it seems that it will only hinder your progress imho.
Its one thing to look for a certain level in your trading, but the exact dollar figures you are shooting for are way too specific. It seems like you will have a hard time pulling the trigger on trades if you worry about losing a few bucks.
Its one thing to look for a certain level in your trading, but the exact dollar figures you are shooting for are way too specific. It seems like you will have a hard time pulling the trigger on trades if you worry about losing a few bucks.
I can totally understand where you are coming from, so it would help to understand my whole story to see why i say what i say.
I work at swift trade and they have a graduation point of $2000 in a month. If i make that, i get money. If i dont get that, i get considerably less money. Graduating gets me out of the student area and into the main trader area. It gets me more freedom, more shares, and obviously as i mentioned more money.
So i didnt set that goal as some artificial boundary on my trading, its set by swifttrade. I hope you can understand why i need to make this goal for the month. After i reach this goal, i will just try to do my best and follow my rules, as well as continue searching for new oppourtunities.
I work at swift trade and they have a graduation point of $2000 in a month. If i make that, i get money. If i dont get that, i get considerably less money. Graduating gets me out of the student area and into the main trader area. It gets me more freedom, more shares, and obviously as i mentioned more money.
So i didnt set that goal as some artificial boundary on my trading, its set by swifttrade. I hope you can understand why i need to make this goal for the month. After i reach this goal, i will just try to do my best and follow my rules, as well as continue searching for new oppourtunities.
Ok, I see where you are coming from. I just hope for your sake that once you do graduate from the student area, you wont impose these same sort of boundaries on yourself. Once you develop certain habits in your trading, they may be tough to break. Good luck with it all!
- Status