Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
Day trade Long 2333.50. Initial stop 2229.00
No target--Let it run.
You fail to mention your exits on all these trades today. Are you scaling in or something? Are you taking profit or losses?
All losses on stopouts. I'll post the total loss, if any later today.
Holding long. We're at 2345.00
Didn't get any extra pop. We're at 2343.75. Setting a limit sell for 2345.00
Out 2343..50 for 10pt gain
Net loss on the day 2.75 pts
Mmm. Now what would net P/L have been if you stuck to the hard targets you set for each trade? Could that be figured?
Easily. The target was only reached on one trade. Had I taken that target and not expanded it twice, the P and L would be a positive 3.25 pts
Interesting. Will you muse upon this over the weekend?
Separate names with a comma.