Hello everyone, i have been trading for more than two years now, i started trading for a prop firm then i opened my own account and traded part time at the biggining, now i am trading full time, in spite of the bad numbers i am having lately i fell i am just one step away from been profitable, and started this journal to help me with my discipline wich is my biggest problem (discipline to stick to my plan) so im going to post every day all my trades here, with chart images and everything, my aproach is very simple, mainly price action, MA, an VOL, please be kind, i know my english sucks. pd: i only trade nasdaq and NYSE stocks
I worked only the afternoon 2 trades. 1. HOC 14:22 long 31.5 sold 31.78 +.28 2. FWLT 15:37 short 39.99 covered 39.58 +.41
THE WHITE STRAIGHT LINE IS THE ENTRY POINT AND THE DIAGONAL IS THE EXIT, THE SIZE DEPENDS ON THE R/R AND THE STOP LOSS SOMETHING BETWEEN 500 AND 1000 SHARES
Goals for the next month: 1. keep the discipline of the last few days, only trade the plan. 2. Let the winners run (except with gaps, i am doing all right with gaps) 3. Be careful with the market direction.
not a very good start, my lack of patience is the root of all my mistakes. 10:35 FMC long 51.00 sold 50.63 = -.37 13:39 FMC long 50.57 sold 50.31 = -.26 11:36 SRZ long 14.03 sold 13.85 = -.18 12:18 CENX long 26.27 sold 26.68 = +.41 14:25 SIGM long 13.80 sold 13.98 = +.18