August was a disappointing month in every way. My offense was completely shut down as I had a hard hard time finding my shots and making them, and my open game was nowhere near the caliber of July. There were no 4 digit games either way, and for the most part it was a matter of patience, patience, and more patience, make that 1 or 2 good shot count and be done with it. Unfortunately, I failed to do that especially during the second half. That said, with the integration of Bollinger Bands, and the way I have tightened my game even further than I did in June/July, I am ready for September. August / July P&L Before Commissions: 6730 / 12021 P&L After Commissions: 1330 / 7190 Shooting %: 48.00 / 53.40% Cents Per Share: 0.041 / 0.075 Volume: 164900 / 159900 W/L: 15-8 / 17-3 When the insitutional traders come back from vacations, it is almost guaranteed that volume will be injected back into this market. It is not a question of if, but a question of how much. Regardless, the toughest months of the year is now behind us, and it is time to slowly but surely increase our aggression. I have averaged slightly less than 4K a month during the Jun-July-August stretch, I asked for 5K. YTD, I am up $48K, I wanted 50K going into September after I blew what was a flawless start back in April. It is close, but a failure nonetheless. Then again, the year is not over yet. In fact, in many ways, I feel it just started, again . . . My goal is to land somewhere between the 70-100K range when it is all said and done. From September to December, if I average just 6K a month, it will put me in the lower end of that target estimate. Anything less will be considered a disgrace. If I do make it, I at least won't feel like a big loser, but I sure as hell won't feel like I have won anything either. For me, the minimum wage for the upper tier in New York is 100K a year, and that means average 13K a month during next four months. It is a bit of a stretch, but I have done more than that before, and I know if the market improves, and especially if my game improve, I have a shot, I really do have a shot. The sky is the limit, even 100K a year is merely a first baby step, but for a new trader, it is a huge step, because only then, I can even begin to consider that I have arrived, as a trader. We have to take it a step at a time, or shall I say, a game at a time, in September, the final month of third quarter, I expect the volume to go up, but not to the extent of October - December magnitude. I am looking for 8K this month, with a daily goal of $600 a day. It is not a lot, but it is the kind of numbers I need to build confidence with, shake away summer hang overs, and go into fourth quarter with increased size. I am starting most serious positions with 400-600 shares, I want to bring myself up to 800-1000 shares at the end of this month assuming I am knocking down the shots, my maximum limit at this firm is 3000 shares, I gotta start working toward that. I have always talked about becoming closer to a "pure" trader, a trader whose mindset is flawless for his job. I have lost 1 out of every 3 games this year, there is room for improvement. It is about developing a winning mentality by putting together consistent profits. It is about the confidence to strike at every opportunity. It is about the calm and collectiveness to come back from morning deficits. It is about the focus to truly become the one with the game. The chosen one . . . Labor Day, deep in my heart, I would rather be playing the game I love, than doing BBQ's . . . Yet I must use this opportunity to rest every sense, every muscle, every brain cell, and get ready, for the most critical stretch of the year. Make or break, do . . . or die!