Registered: Jul 2009
06-30-12 08:30 PM
Quote from Camdo:
On Monday 6/25/2012, you were contemplating an SPY position.
I was wondering if you made the entry?
Also, I have lost track of the basis of your gains. As I recall you started this thread with about $38K, your last statement shows $10K profit. Does this mean you added $52K to your account since January 2012?
No I didn't make the SPY entry, but I did do the gold trade. I usually prefer to pick one discretionary battle at a time. I prepared for more of a dip in gold, and tried to stick to my one small entry per day rule. I think I had a pretty good read on the week though. I already had good long exposure, and my desire to stick with my plan overrode any hunches I may have had. May was still stinging a bit. I think this journal has helped me be more accountable for my actions through the advice given, as well as be disciplined.
I started the year with around 30K, but I did a couple large additions in April and June, which I mentioned in the journal, so buying power is skewing the percentage gain/losses. The second half, I won't make additions.