My trading journal

Discussion in 'Journals' started by YuforaCapital, Apr 9, 2011.

  1. Starting capital - $25,000
    Timeframe - swing
    Style - value investing
    Strategy - Market timing
    Analysis - technical and fundamental
    Instruments - stocks and options

    I will be reporting my weekly results with profits, wins and losses. I will appreciate the feedback.
    Thank you
  2. Long - nem, su, abx, au, ego, gfi, hun, grs

    Short - fitb, aiz
  3. Bad day for the market, but still bullish overall. AA beat earnings today.

    P/L = ($2217)
  4. bad day for you, not the market.

    I don't know your trading experience, how long have u been trading?
  5. I've been trading for 6 months.
  6. you have a long way to go.

    some suggestions: there are lots of wrong stuff out there, books, newsletters, forums. sometimes, those people make themselves sound so authoritative that you don't even suspect that they are clueless.

    for example, you will read this sentence: trading is a game of probability. This statement is plain wrong, but lots of posters on this forum have been talking about "high probability setup." They are clueless and they make you confused.

    Trading is different from learning mathematics. In mathematics, you find "2+2=4" in one book, you will find the same in another book. You won't find "2+2=5" in any book.

    But in trading, you don't know who is right. Sometimes, the same person posts contradictory stuff, because she is clueless of what she is posting.
  7. What do you suggest I should do?
  8. I suggest you ask Nodoji about what you should do, she has an answer for every question.
  9. :confused:
  10. No change in original trades

    New trades initiated

    Long - ua, myl, cce
    #10     Apr 12, 2011