Trader P/L 2013
- Thread starter sellindexvol66
- Start date
It's a crappy end to a crappy week. The week started off so great and then turned into a big turd.
My initial thoughts were not to trade today because of the holiday weekend. I was expecting things to be slow and choppy, but since I had two bad losing days I really wanted to make my money back. I was forcing trades today. I have also let my trading style get into a big mess. I keep second guessing myself and my trades. One trade I would exit a certain way and the next trade I would use a different exit strategy and on the next one a different way.
One thing I am happy for is that I trade small. This is why I do it. In regards to trading, this was a horrible day. But when I step back and think about how terrible I feel - minus 42 bucks isn't so bad.
I will clarify my rules this weekend and be back ready to trade on Monday. Remebering what I learned today - I might trade the first hour or two next Friday, but will most likely take the day off because of the possible slow trade from the holiday weekend.
-42
My initial thoughts were not to trade today because of the holiday weekend. I was expecting things to be slow and choppy, but since I had two bad losing days I really wanted to make my money back. I was forcing trades today. I have also let my trading style get into a big mess. I keep second guessing myself and my trades. One trade I would exit a certain way and the next trade I would use a different exit strategy and on the next one a different way.
One thing I am happy for is that I trade small. This is why I do it. In regards to trading, this was a horrible day. But when I step back and think about how terrible I feel - minus 42 bucks isn't so bad.
I will clarify my rules this weekend and be back ready to trade on Monday. Remebering what I learned today - I might trade the first hour or two next Friday, but will most likely take the day off because of the possible slow trade from the holiday weekend.
-42
Whats up fellas! Love the thread. Unfortunately i don't know a single trader personally so gauging possibilities for me has simply been analyzing liquidity in the markets, TV personalities , books like Market Wizards and threads like this one.
I have been learning, strategizing for about four years. I am crazy about trading. Really it's all i do aside from my small construction business. Four years of studying charts daily for hours on end. I realized that some people would be bored staring at charts all day. Me personally all i see is posibilities. My goals are to trade for a living some day real soon.
I have the upmost respect for all of the posters here. Guys like Chuck on the daily grind. The passion is there i can see it. Rxis whom's potential is imminent. And guys like lintagoose, sellindexvol66 and ralleymode who have obviously turned the corner and have enlightened us. Others as well. Thanks!
I am completely original when it comes to my entries and exits. No indicators except sma and a naked chart.
I trade forex at night. U.S stock market day. Options and stocks.
Forex market trades last 12 hours on average. Max risk 2%
Stock market trades last a couple days on average. Max risk 3%
Goal is 20% a month (i understand this is a tough propisition)
Jan 13 monthly profit Total ST Gain/(Loss): $3679. (no forex trades)
Feb 5 transfered some capital into Forex account.
I would like to post weekly and monthly as some days i have no realized gains.
Hit slightly over 20% this month. Discipline grade however d+.
I am having issues with learning how to create a blotter and attach files to post. Any help would highly be appreciated. If you would like to help with this you can pm me.
Please excuse the lengthy intro. Just wanted to explain where i'm at.
Oh yeah hopefully i will grow into my screen name someday!! LOL!
I have been learning, strategizing for about four years. I am crazy about trading. Really it's all i do aside from my small construction business. Four years of studying charts daily for hours on end. I realized that some people would be bored staring at charts all day. Me personally all i see is posibilities. My goals are to trade for a living some day real soon.
I have the upmost respect for all of the posters here. Guys like Chuck on the daily grind. The passion is there i can see it. Rxis whom's potential is imminent. And guys like lintagoose, sellindexvol66 and ralleymode who have obviously turned the corner and have enlightened us. Others as well. Thanks!
I am completely original when it comes to my entries and exits. No indicators except sma and a naked chart.
I trade forex at night. U.S stock market day. Options and stocks.
Forex market trades last 12 hours on average. Max risk 2%
Stock market trades last a couple days on average. Max risk 3%
Goal is 20% a month (i understand this is a tough propisition)
Jan 13 monthly profit Total ST Gain/(Loss): $3679. (no forex trades)
Feb 5 transfered some capital into Forex account.
I would like to post weekly and monthly as some days i have no realized gains.
Hit slightly over 20% this month. Discipline grade however d+.
I am having issues with learning how to create a blotter and attach files to post. Any help would highly be appreciated. If you would like to help with this you can pm me.
Please excuse the lengthy intro. Just wanted to explain where i'm at.
Oh yeah hopefully i will grow into my screen name someday!! LOL!
week 2/4 to 2/8
+$23,000 on futures
+$33,000 on overall
this is realized ,
mtm was slightly up.
+$23,000 on futures
+$33,000 on overall
this is realized ,
mtm was slightly up.
It's not much, but it's pretty slow and choppy out there. Also, I'm always happy with a non-losing day!
After a tough time last week, I reviewed Trading in the Zone and more clearly defined my trading plan. Today, my trading was much more relaxed. There was very little inner conflict as I entered and exited trades. I'm letting go of any expectations I may have of what a trade is going to do prior to entering and during the trade. Those expectations have been clouding my judgment and hindering my ability to make objective decisions. I felt much more calm by just trading the plan and letting the numbers fall out how they will.
+5
After a tough time last week, I reviewed Trading in the Zone and more clearly defined my trading plan. Today, my trading was much more relaxed. There was very little inner conflict as I entered and exited trades. I'm letting go of any expectations I may have of what a trade is going to do prior to entering and during the trade. Those expectations have been clouding my judgment and hindering my ability to make objective decisions. I felt much more calm by just trading the plan and letting the numbers fall out how they will.
+5