It's 60%, pretty bad in my opinion. My first two weeks were ok but you're right about the fees. Right now I pay more for fees and make less in profits. No huge losses but costs of trading add up. Apparently it takes time to turn that around and trade more efficiently. Hopefully I'll survive until then! Too many things to be concerned about, really tough business.
Kurt, I have to know what's going on with this reality show. Did you take the Princess out to the Olive Garden yet? You have to give us some sporadic updates. Don't leave us hanging.
I've had a crush on this one chick (not the 'princess') for like 2 years now. I've never spoken to her. The other day I find out we have a mutual friend. It turns out this chick, uhhhh..... has a long term affair with her soccer coach? lol then the next day I am eating at a restaurant, and I notice she's sitting right behind me all alone. I get up to get a refill but I woman out and I don't say anything lol There is another girl who has been flirting with me lately. She's cute seems fun. We'll see. My trading has been terrible. This is turning out to be my worst single month to date. I have been getting slaughtered ever since they killed my journal. As most of you know I called this crash and I remained bearish during the bounce. My bias against the market prevented me from taking conviction longs. If you look at the charts, you'll see we've had a LOT more up days than down days (which is expected but I'm an idiot). I was very hesitant in taking longs, and when they worked, I was not keen to hold them. I finally began to adjust, and slam, we FINALLY get another sell off, but now the market has me bounces instead of leaning on shorts =) I am not permitted to speak beyond that. My worst month to date. Let's just say, I have given back everything I made in August and the last half of July. That being said, others are doing quite well. I've been struggling personally. I need to get over the death of my journal. I've adjusted to the new software alright I feel. I'm getting stopped out a lot. I'm on the wrong sides of sides of trades. Yet, I suppose my win rate isn't bad, my R:R is terrible. I guess the movement in the market hasn't been as smooth as I expected, I'm not confident and I'm lacking conviction. I should say, I know the market and I make good macro calls, but day trading it has been difficult for me. ------- My love remains with bozo the boyfriend. She confessed her love for me one day, but still was unable to leave him. I guess she's been with him too long, afraid to leave, stockholm syndrome.. We should be together but we're not. Now I am failing in trading and I will not be able to buy her a house or a wedding ring. I need to settle down, and remember the basics that produce a good month for me. Patience, selectivity, size when necessary and take profits. Basically my life has followed the following cycle recently: Wake up Go lose money in the stock market Go to job #2 Fall in love Leave job #2 Get angry and convince myself she's no good Sleep Wake up lose money in the stock market etc etc etc My P&L is at its lows from a month and a half ago thanks for series 56 and data fees. Ready to do what I did back then, and say "fawk it." Hermit mode time. Super selective, only trades that are juicy for size. I ask my love out all the time and get rejected over and over again. It's fun
kurt interesting journal. too bad it died early. good news is earnings season around the corner. prime time for you right. Did you pass your 56 test yet? What study material did you buy? What's the scoop?
I have not been trading lately. I suffered a serious draw down after my broker killed the journal. I am waiting for the hearty part of earnings season, I'll get involved again next week. I am going to start trading remotely instead. I find I can remain much more calm and rational while at home. I don't have the emotion of other traders impacting my decision and the annoying clamor of the unreliable news guys on the squawk. There is no sense of competition, no people making money, forcing me to believe I should be involved. I have also found that since I do not have as many monitors, I am forced to focus on a select few stocks. I tend to trade these stocks better once involved. Another important update I'd like to throw out there.... I had a night of passion with my love. hahaha, that's right. Step aside Hitman. Maybe you are more capitalized than me, and you can toss money around more insanely, but I now know the feeling of making love to my dream girl. Was it worth the stress and pain? Absolutely. I could blow my account tomorrow and die a happy man. We are not official or anything yet. But this was a big leap for the cause. And so I speak to you as a new man, a battered piker trading account. I'm tired of playing it safe, I'm ready to go hard or go home. I have some reserve capital I saved up. I am not going to be the little girl trader I once was. I'm done being afraid. Quit the gambling, quit trading the intraday tape painting. Wait for real support and resistance. Trade real ideas. Trade things with real expected movement, not hopeful movement derived from the charts. Of course, it seems difficult for me to regulate myself without a public journal. Oh well. Wish I had enough money to trade retail. I will still not be posting much here. But that is your current update.
Hey Kurt, did you know that your last name means "sour cream" in Russian? Anyway, good luck with your trading, and check out videos on these two sites:" www.timesales.ru www.pennystock.ru
Dont buy books like Mystery Method or The Game. Girls sniff that shit out nowadays along with any other lame pickup methods. The honest best way to pick up girls, is to be happy with who you are, and although it may sound cheesy, be who you are. I speak from MAD experience