As I posted earlier in the day, I had a bit of indecision (due to greed) today. My goal of +1.0 @ 400 shares approached quickly and hovered for a few moments. I couldnât pull the trigger and close the profit and the trade did a 360. (I had a good 25 seconds, but I didn't get out, because I thought it would keep running for me) But I stayed composed and things turned out ⦠A O K 12/10 DVN 400 @ +.13 = +$52.00 RIG 400 @ +.13 = +$51.00 RTP (scaled in-out) +$312.00 TAP 400 @ +.12 = +$48.00 TM 400 @ + .25 = +$101.00 12/10 +$524.56 netâ¦9:49 a.m. --new best for consecutive profitable days @ 11 --new high for account $ size
On Wednesday morning while I was in my trades I found myself glance at the clock, and I caught myself. I do not post my finish time because I am trying to run a race. I started posting the time to show to myself that I donât need to trade all day to be successful. With part of this ânewâ trading/money management plan that I put together, I said to myself that I would be calm during losing trades/days and I would try to âstretch out the dayâ and not get stopped out. Before I was losing so badly I was getting shut down by my broker/trading platform just about everyday. Now I shut it down on my termsâ¦Time isnât posted to be a show-off or to rub my good days in anyoneâs face. Todayâ¦just keeping on keeping on⦠COV 400 @ +.48 = +$192.00 ETR 400 @ +.09 = +$36.00 TM 800 @ +.26 = +$208.00 (On TM I made a keyboard error and ended up w/ 800 shares instead of 400) Although I trade at 400 shares at a time I do scale in & out additional shares⦠12/10 +$416.47 netâ¦9:44 a.m. total shares = 3,200 --new best for consecutive profitable days in-a-row @ 12 --new high for account $ size
12/12 +$442.38 net 1600 total shares 9:37 am The week in review: Monday +$497.38 Tuesday +$459.14 Wednesday +$524.56 Thursday +$416.47 Friday +$442.38 Total +$2,339.93 net A good solid week. I'm happy I stuck to my plan... Put your feet up, sip a glass of wine, cold beer or maybe a little eggnog. Enjoy your family and friends Quite please...volume up...enjoy... http://www.youtube.com/watch?v=sEbgB6X6S5c
I decided to stay at 400 shares. I spent the weekend trying to decide at what % I want my daily loss to be in regards to my account size. 2 more days of hitting my daily goal will get me there. As I grow the account I will try to lower the daily loss %. Today 5 for 5, nothing really to add to that. BG 400 @ +.11 = +$42.00 POT 400 @ +.19 = +$75.00 RTP 400 @ +.08 = +$32.00 WYNN 400 @ +.64 = +$257.00 DO (scaled in-out) = +$147.00 12/10 +$520.14 netâ¦9:51 a.m. total shares = 4,800 --new best for consecutive profitable days in-a-row @ 14 --new high for account $ size I have to say Iâm a bit tornâ¦I want to giggle at what I have been able to accomplish, but I am also scared. Iâve lost plenty of $$$ in the past. Iâm not scared of losing money (but I donât want to) but I think I am more scared that after all of the losing in the past that this winning isnât real. That I am not as good as the results have been. I am completely sold on making my goal for the day and moving on to the next day. Iâm trying to keep the blinders on & stay focusedâ¦bring on Tuesday.
I just noticed my last 21 trades have been profitable. I don't really keep track of those things,...I won't let trying to maintain that streak, or any other one, take me down.
You are a machine. Congrats! Whatever you are doing, don't stop until it stops working. LOL What is your next share per trade level? 500 or 600?
Angry, Thanks. I do like those even numbers, but my next step up will be 500, if all goes well. I look for your p/l post everyday. Keep up the good battle.