29 turning 30. 11 years of trading. First profiting year Journal 1

Discussion in 'Journals' started by wabu27, Jul 29, 2021.

  1. .

    Wabu, I understand that the blue and red triangles are buys and sells... but what is the greenish colored triangle in the first chart?

    P.S. to wrbtrader and TrailerParkTed, thanks for helping this nice thread stay on track with your recent posts.
     
    #151     Aug 30, 2021
    wrbtrader likes this.
  2. wabu27

    wabu27

    No i wish. I use a $200 laptop i got on amazon prime day like 4 years ago. The same laptop is worth $600 brand new right now so its not a super crappy laptop.

    And whats a backup charting service?


    @Slope Trader hmm thats weird I didnt notice that. It might be a partial fill triangle cause today at one point i did a 50 share buy but only got 49 filled and filled the last 1 share on a higher price.
     
    #152     Aug 30, 2021
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  3. wrbtrader

    wrbtrader

    I've seen you post charts within your trade execution platform. Thus, some traders...those are the only charts they use. Your broker lets you access futures charts and stock charts...some brokers do not.

    Therefore, for the brokers that do not, you will need another charting service and another trade execution platform to trade something different.

    Another example, when someone trades U.S. futures...they typically need a different trade execution platform with charts to trade European futures.

    Tough to do all the above on one laptop screen unless you have multiple monitors hooked up to your laptop.

    wrbtrader
     
    #153     Aug 30, 2021
    wabu27 likes this.
  4. Laptop only, cool!
     
    #154     Aug 30, 2021
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  5. wrbtrader

    wrbtrader

    They're getting much better over the past 10 years when comparing them to desktops. Plus, they're mobile and that's a huge plus for a trader.

    Good WiFi when at home and a secure personal hotspot when trading away from home. :D

    wrbtrader
     
    #155     Aug 31, 2021
    TrailerParkTed likes this.
  6. atawil

    atawil

    great move ! not trading is better than a entering on wrong
     
    #156     Aug 31, 2021
  7. wabu27

    wabu27

    8/31 +$574
    Balance:$48,326

    I stayed up all night and did not go to sleep so i don't miss the market hours. I had a bunch of stuff remembered so I write it down for you guys but forgot most of it once I took a nap. From what I remember, AMC and GME was up a lot so I was waiting for a short entry. Got some profits from them. Exited because it looked like AMC and GME may shoot up sharply but it went down even more so I regretted staying in. It was safe to exit, but my positions were not that big I feel like I should have just taken the gamble. I don't even remember what I did with MRNA. I'm looking at the chart right now and I'm not sure why I didn't keep a position in. During the entire trading time, my mind was awake but eyes felt like it was about to pop. stayed up 18 hours and I just had to go to sleep so I think that's why I exited all positions... except NG.
    NG went up today just as I had expected and if I'm right again, it will now start falling starting tomorrow. So I was thinking of putting in 1 position and just keeping it until forever but got 2 positions in because... omg I am so convinced it will go down.
     
    #157     Aug 31, 2021
    TrailerParkTed and MeMyself & I like this.
  8. Overnight

    Overnight

    Stop fucking with NG. You are now making your money with stocks. Stop trying to get that little "extra bit" with NG. Please? Don't DO IT!

     
    #158     Aug 31, 2021
    TrailerParkTed and MeMyself & I like this.
  9. wabu27

    wabu27

    9/1 -$11,415
    Balance: $36,911

    Ha....... it actually wasn't that bad at first. It was actually good. The 2 positions I left overnight were doing bad but I woke up at like 12am PST and daytraded. By the time the markets were about to open I was up like 1K. At one point during the night I remember seeing $51,000 on my balance and thinking "I finally broke $50K".
    Market opened and NG started lower, which was a big possibility so I wasn't worried. I was so confident it would rise up throughout the day and end the day maybe 6-7% positive and I was thinking to myself today may be a +$10K day. The sudden movement the other way short time after markets opened. Hm that is strange. and the rest of the day... I just did not expect it. At 4.605 mark I was thinking of changing my positions from short to buy because I expected a rise coming but I thought it would be a small pullback before it goes lower again so I decided to play it "safe" and did not exit my short positions. Well that pullback was bigger than expected and I just got owned by NG today.
    Taking out 5K from my current position, I can see I'm back to where I was for the balance between 8/11 and 8/12. Lost 3 weeks of my life. FML. I hate drinking alcohol but I'm drinking a little and had some pizza just now. Damn....
    And MRNA is going higher just as I expected. F....... shoulda just kept my 2 positions in NG and play around with MRNA instead. I was just so confident of NG and just as I had all my trading life, the biggest losses comes when I feel the most confident in a trade. .....
     
    #159     Sep 1, 2021
  10. I don’t get it, I made almost $2,000 on BOIL and CRC and I don’t trade futures?
     
    #160     Sep 1, 2021