*Simulated* Trader P/L 2007

Discussion in 'Journals' started by NoEmotions, Jan 3, 2007.

  1. Allen3

    Allen3

    I hate that your right. Today sucked. Draw down would be far to heavy. I couldn't do this with real money and have to rely on a huge day like yesterday. I undid almost all of the gains yesterday today. I still don't think systems are the way to go though. Back to the drawing board. I may need to back off the market further in chart time frame. Presently a 8/3 combo. Maybe a move up to 15-20/5-8. I don't really intend to be a scalper so... we'll see. Have a couple of days before I leave for a bit. See ya. Thanks for your view on things.

    Totals today:
    Wipe out almost all gains from yesterday on way to many RT's. Not a sustainable way of trading. Need to study price more and see what I can see.

    JIM
     
    #251     Mar 6, 2007
  2. Stanlex

    Stanlex

    -440
     
    #252     Mar 6, 2007
  3. yesterday it was - $250
    today it is + $ 115

    I need to see more profitable days and also larger profit to loss ratio.
    lets see as the boat sails
     
    #253     Mar 6, 2007
  4. +$70
     
    #254     Mar 7, 2007
  5. Stanlex

    Stanlex

    +210
     
    #255     Mar 7, 2007
  6. today + $ 250
     
    #256     Mar 7, 2007
  7. +$2
     
    #257     Mar 8, 2007
  8. Stanlex

    Stanlex

    +120
     
    #258     Mar 8, 2007
  9. $ + 185

    trying to be more positive consistent.
    lets see.
     
    #259     Mar 8, 2007
  10. Allen3

    Allen3

    +163 yesterday
    +100 today
    -----------
    +263 total (Com. removed)

    Need to take profits when they are more considerable. I hold my trades to long. I let the last trade go from over +3 to negative a little. Not good. Need to look over most of my trades and find a reasonable average to act as a limit order target so I won't talk myself into holding on for the BIGGER move. I'm thinking 3 points would be wise. I would have much better totals and a lot less stress.

    Will be gone for a bit. Maybe post later next week.
    Good day. Have fun trading, or simulating, if that makes our viewers more comfy. :D

    JIM
     
    #260     Mar 8, 2007