Net: +184 Did better today waiting for my set ups. Got caught chasing on one of the trades.. but practice makes perfect! 4 trades, 1 loser, 3 winners.
Net: +263 Could have been up a lot more.. however was disciplined today and missed many possible entry points prior to rallies. Had to chase entry points. 3 trades, 1 loser, 2 winners.
Net: -61 Was wrong in the morning as to the direction of the underlying asset.. and had a fairly significant loss (at least to me it is). Should have been more patient to determine the overall trend of the day, and then enter as I discovered I was hesitant throughout the day until I was absolutely sure the trend had changed. This lead to me missing a number of major moves, and I had to scalp my way to reduce the losses! 9 trades, 2 losers, 7 winners.
Net: +21 Done for the day.. do not trust my instincts going forward.. Not sure if it's because I'm undercapitalized or not.. but I need to trust in my initial game plan.. as I get too spooked too easily at times with price jumps in the opposite direction and end up cutting losses to prevent major moves against me. 4 trades, 2 losers, 2 winners.
I see you use Interactive Brokers. Could you post your PnL as a percentage so we can see how you are performing ytd or however long you have been trading your strategy? I would be interested in seeing it. Something like what I am doing in my journal would be cool(I use IB as well) http://www.elitetrader.com/et/index.php?threads/my-stock-portfolio-and-performance.291094/
Net: -533 All done for today... really bad day.. on the wrong side of everything.. I think I need to take some time off to reassess my strategy.. 2 trades, 2 losers.
Net: +217 As I continue to trade, make mistakes, and learn.. I continue to refine my trading strategy. Today I was a lot more patient for my set ups and I had firm stop-losses in place, which was the exact opposite of everything I did yesterday. 2 trades, 2 winners.
What are/were you currently holding, and what % of that change is in relation to your overall account size? (if you don't mind me asking)
Net: -204 Pulled the trigger way too quick in the morning.. was frustrated and tired so I didn't trade the afternoon session. 1 trade, 1 loser.