Dear Market Diary So I have about 250 free trades left out of 500 ....only had 3-4 un-profitable trades, one held to long to short depending on your perspective ate up the other +xxx trades. Anyone want to guess my win ratio ? you math types can tell me . This style of trading seems profitable when one is capitalized sufficiently. How ever I am not and as I draw near to not free trades , the question looms how does this do in modest size . I feel it will do fine. Im trying not to enter into any intraday trades with less then a 5 lot . Now I'm thinking of scanners how to program tos to scan for breakout gapping stocks. 8-30-16
No trades today . So I guess this will conclude the trading month, Even thought didnt have a full month of trading. One bad trade has ruined my experiment of a dollar a day. In terms of trading my mind is better based on no monetary goal, looking for my entry,exits and executing them near 100 % win rate. SO as stated before basically break even now . With one long position in nna.
SO here shortly Im going to start a journal with in a journal Called The Bullshit Index These will be stocks with orderflows being punked by programs and fckrs alike, .You know you look at it and your like no fckn way . I will be adding securities to this index every so often.
So every day the very first or two trades for amd I win then lose as it pulls away in either direction/. I missed the 5 day retracement on thursday. My intial price target was 10-11 then 6.8 it hit that this week... now my new price target is 8.5-9. Long gonna hold a block for it . Alot of price action in nna 1.42-1.49 seemed like a real good deal some ones buying with me . My price target for nna is now long 2.20-2.75. Meanwhile its putting out 12ish percent yield. I'm looking for my prices to hit by months end. This week I missed some long opportunities, gnca,bbva and pmc So far over all im still about break even.
got in ge at the wrong time the wrong way dont get jealous of my nice recovery Ge +0.35 NA +12 i think.
So my trading pc and my back up laptop failed all with in the same week. I watched my stock fall after hours . my trading pc next morning failed . I just said fck it . I knew better I had the info and I went against the market. Now it's a waiting game. In the mean time my other stock took it's divendend back as a percentage .such an opportunity probably a 6-7k miss. Not their for it. It brings a new strategy. I'm floating along the 90 day line. Got an email I should hav3 answered it. So I willed it .trying to get it back up now. Such as Life another day another dollar
During my break from live trading, I have come up with a great strategy that will help some of you struggling traders. Let me know here if you would like me to explain it . Easily programmable and automated.