the main goal for this week is still just trying not to go over the daily max. loss number today trading ROK, NYX, watching for possible trades in HUM, BDK and PFE
Despite the small final numbers today was a pretty volatile day for me, was up in TDG and let a good winner turn into a loss and took the position overnight, on AXE got stopped out a few time and after finally catching the right trade covered too early for no good reason, just because the p&l turned positive Overall disappointing day, I had most trades from the right side, but still didn't make much due to winners being smaller than losers
very happy with my trading today, except maybe KFT, I might make a new rule not to trade any dow 30 stocks, except for C and JPM I have not had much success with these big stocks
Enjoying the journal. Can you post your share total with your results each day? Also if any trades, good or bad, stick out in your mind at the end of the day could you mention them (what you saw, what you did, the stock, and the time)? I think the addition of the 2 will help me get my head around how you approach trading each day (if you care to disclose more). Thanks for the insight.
i have no problem with posting volume, on days when i start well i tend to stop trading early and do little volume, and on days when i'm starting negatively i tend to overtrade trying to get back into positive, of course the right thing is to do exactly the opposite, so it will definitely help me to keep track of my volume and see the relationship to overall result as for details about the specific trades, except for a couple of good trades i have not had much to write about, just trying to make a few profitable trades, main goal being getting used to cutting losers early, in the future if i get a good trade worth taking a notice i'll discuss here in more detail today i traded a bit V, DLB and HAR after hours, nothing important just posting the final p&l as a reminder to add 159 for HAR to tomorrow's p&l (i bought 100 at 13.4 and holding it overnight) today's total volume 9500
lots of good candidates for trading today, V, CRR, HAR, DLB, also watching AVB, ESS, CAH, DO, NCR, WU instead of concentrating and trading 1-2 stocks well, i will probably try to trade all and end up losing a lot of money today increasing size to 400-800, daily max. loss 600 dol.
to get correct p&l add 159 to HAR (for explanation read last post on page 8 of this thread), total for today +447, 9500 shares volume, no trading after 11 am here some details HAR - i had 100 overnights from 13.4, in premarket it traded in low 11's, bought 200 shares av. price 11.75 and sold 300 12.3 NCR - bought 200 at 9.91 and sold 10.12 and 10.15, this is around 09.45 after big volume bar, wasn't convinced much about this trade and had it small and covered too early V - traded from both sides, but more from long, av buy 52.87, av short 54.04 and av sell 52.85, total 2400 shares traded, not happy with result since V had one of my favorite opening patterns for a long trade and i should have taken advantage of that C - 100 bought 3.23 sold 3.46, don't ask me why ESS - at 9.44 a.m. i thought the seller left and tried to buy some at 55.5, but hit the wrong hotkey and due to big spread got filled at 55.95, immidiately sold it at 55.8 and took it off the screen CRR - had this both long and short, total 1600 shares traded, very tricky stock in the morning, i'm happy to have made something on it DLB - not much here, 100 short 9.35 am at 29.44 and bought 30 seconds later at 29.21, again due to big volume bar i thought buyer left, but wasn.t too sure, plus had too many things going on, so small trade overall still a bit rusty, haven't gotten used to my new screen workspace layout (i will post it here when it's finalized), also too slow with hotkeys and need a new mouse and new mousepad, already ordered from amazon, in the future i won't go into so much details about each day's trading, this is just to give overall idea