Last Pieces of the Puzzle Journal

Discussion in 'Journals' started by ps0013, Oct 5, 2008.

  1. ps0013

    ps0013

    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 couldn’t 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 net…9:49 a.m.

    --new best for consecutive profitable days @ 11
    --new high for account $ size
     
    #51     Dec 10, 2008
  2. great job!
     
    #52     Dec 10, 2008
    ps0013 likes this.
  3. ps0013

    ps0013


    Thank you.

    I forgot to post:

    total shares today 12/10: 5,600
     
    #53     Dec 10, 2008
  4. ps0013

    ps0013

    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 don’t need to trade all day to be successful. With part of this “new” 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 “stretch out the day” 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 terms…Time isn’t posted to be a show-off or to rub my good days in anyone’s face.

    Today…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 net…9:44 a.m.

    total shares = 3,200

    --new best for consecutive profitable days in-a-row @ 12
    --new high for account $ size
     
    #54     Dec 11, 2008
  5. ps0013

    ps0013

    --new best for consecutive profitable days in-a-row @ 13
    --new high for account $ size
     
    #55     Dec 12, 2008
  6. ps0013

    ps0013

    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
     
    #56     Dec 12, 2008
  7. ps0013

    ps0013

    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 net…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 I’m a bit torn…I want to giggle at what I have been able to accomplish, but I am also scared. I’ve lost plenty of $$$ in the past. I’m not scared of losing money (but I don’t want to) but I think I am more scared that after all of the losing in the past that this winning isn’t 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. I’m trying to keep the blinders on & stay focused…bring on Tuesday.
     
    #57     Dec 15, 2008
  8. ps0013

    ps0013

    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.
     
    #58     Dec 15, 2008
  9. You are a machine. :D Congrats! Whatever you are doing, don't stop until it stops working. LOL

    What is your next share per trade level? 500 or 600?
     
    #59     Dec 15, 2008
    ps0013 likes this.
  10. ps0013

    ps0013

    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.
     
    #60     Dec 15, 2008