Thursday 02/21/19 + .7890 Starting Trade Size 200 Total Shares 1,200 Account Since 01/04/19 + 18.57% Average Trading Day +.9311
Your boss OK with that or you doing your trading from your desk at work in secret (boss does not now about it) ? Your mobile device or work computer ? wrbtrader
I am 1 of 3 that run the company, so I basically don't have a boss. Work computer. As much as I would like to give 100% attention to trading, there are some distractions at work, but very few. No more than the couple of days I traded from home. I started entering trades at 9:11 am today and was out of the market at 9:31 am. So, today very minimal "double-duty" I work from 6:30 am to 4:00 pm-ish. GOAL: Increase share size by 100 on each 1st & 15th of the month. Stay consistent. Build the Account. Become a "Professional Day Trader" =) !!!!!!!
So, update: Multiple setbacks in the last 60 days, mostly controlling loss issues. But I am excited about a new strategy that I will be trying live today and I will track the results here. One of the main differences, is that I have: Preselected the stocks that I will be trading today. Predetermined the time that I am entering them. Predetermined my stop loss. We will see...
04/30/19 Things unfolded pretty close to what I expected; 4 Total Trades 3 Winning Trades 1 Losing Trade Avg Win: $80.83 Avg Loss: ($111.00) Today's Gross Profit: $131.48
05/01/19 Happy with another positive result. TODAY 4 Total Trades 4 Winning Trades 0 Losing Trades Avg. Win: $44.00 Avg. Loss: $0 Today's Gross Profit $176.00 2 DAY TOTAL 8 Total Trades 7 Winning Trades 1 Losing Trade Avg. Win: $59.78 Avg. Loss: ($111.00) Total Gross Profit $287.00 Average Day Gross Profit $143.50
05/02/19 - DAY 3 OF THE NEW STRATEGY +$304.18 Swayed from the base strategy a bit. Looking to be a little flexible, but stay close to "center". I just did an "inventory" of my losses from the past 3+ years (prior to that I had some trading/losses in 1999, 2008-10 but that wasn't too much $ and so long ago I don't count it any more) Currently losses down about ($67,500). I never had $100k in my account..I would have $30k, account would go down below the $25k mark, I would add $5k, it would dip under again, add again, etc.,. I am going to slowly chip away at that loss.
I wanted to mark this day. My biggest struggle has been not being able to sit patiently during a losing day without deviating from the plan. I have always talked myself into making an adjustment, more shares, open a new trade, mistake, mistake. TODAY I finally followed my plan all day, even though I was at a loss all day. I was sticking with the plan. Right down to the last hour of the trading day, when my one winning trade of the day outpaced my 3 losers. So although I didn't post a loser today, I was right there and ready to. A HUGE DAY to check the boxes for psychology and discipline. J.D.Y.J.
Update: For the last 10 trading days I have been working a new trading plan. Trying to put all of the adjustments and pieces together. For the first 9 days it was my most discipline trading I have ever done. Yesterday I went off of the reservation, but luckily it didn't hurt me. DAY 1 + 99.71 DAY 2 + 36.95 DAY 3 + 87.06 DAY 4 + 128.44 DAY 5 (323.12) this was my stop for the day, happy I stuck to it. DAY 6 + 352.64 DAY 7 + 152.17 DAY 8 + 75.66 DAY 9 + 125.32 DAY 10 + 218.57 TOTAL + 953.40 AVG DAY + 95.34