The Road to Consistency

Discussion in 'Journals' started by trader99, Aug 30, 2019.

Post my gains in % of $$

  1. % Percentage Gain

    78.9%
  2. $ Dollar Gain

    21.1%
  1. trader99

    trader99

    2/28/2020

    Taxable Acct: Trade Zero
    =============
    Realized gain: $1546.09
    =============

    Non- Taxable Acct: IB IRA
    =============
    Realized gain: $1644(MNQs)
    =============

    Total: $3190.09

    Dude, I only traded like an hour this morning. I was so busy with non-trading activities. I could have easily bang out $10K-$20K today. Today is that kind of opportunities day.

    I thought I would never come to a day when I can say work is actually costing me trading profits. LOL. I make now on a daily basis more than my job/work.

    But I understand the cycle of trading P&L. There are ups and downs. I still need the stability of a job when I hit a down cycle.

    I guess until I hit that 7 figures or multiple 7 figures then I can truly focus 100% on trading.

    Not complaining. Just saying I'm leaving a lot of $$ on the table everyday because of non-trading activities. hehe.

    In the meantime, gotta juggle multiple balls.
     
    #151     Feb 28, 2020
    guru likes this.
  2. trader99

    trader99

    3/3/2020

    Taxable Acct: Trade Zero
    =============
    Realized gain: $829.93
    =============

    Non- Taxable Acct: IB IRA
    =============
    Realized gain: $329(MNQs)
    =============

    Taxable Acct: IB
    =============
    Realized gain: $240(MNQs)
    =============

    Total: $1398.93
     
    #152     Mar 3, 2020
    TradeZero_Dan likes this.
  3. trader99

    trader99

    3/4/2020

    Taxable Acct: Trade Zero
    =============
    Realized gain: $936.15
    =============

    Non- Taxable Acct: IB IRA
    =============
    Realized gain: $655(MNQs)
    =============

    Taxable Acct: IB
    =============
    Realized gain: $148(MNQs)
    =============

    Total: $1739.15

    Despite a busy day with other personal obligations, still bang out profits that's the nice thing about scalping.
     
    #153     Mar 4, 2020
  4. trader99

    trader99

    3/5/2020

    Taxable Acct: Trade Zero
    =============
    Realized gain: $1494.58
    =============

    Non- Taxable Acct: IB IRA
    =============
    Realized gain: $273(MNQs)
    =============

    Taxable Acct: IB
    =============
    Realized gain: $754(MNQs)
    =============

    Total: $2521.58

    I'm lovin' these volatility days. I'm still not trading the best I can. There's ALWAYS ALWAYS room for improvements. Timing on a few items were slightly off but with patience they came back nicely.

    Right mindset: Constantly looking for ways to improve.
     
    #154     Mar 5, 2020
  5. nice trading.. :thumbsup:
     
    #155     Mar 5, 2020
    trader99 likes this.
  6. trader99

    trader99

    3/6/2020

    Taxable Acct: Trade Zero
    =============
    Realized gain: -$2787.67
    =============

    Non- Taxable Acct: IB IRA
    =============
    Realized gain: -$754(MNQs)
    =============

    Taxable Acct: IB
    =============
    Realized gain: $870(MNQs)
    =============

    Total: -$2671

    Horrible day! Mostly due to mistakes and not being patient! In my taxable IB, I was up over $1400 just trading 3-6 lots of MNQs. That tells how big the ranges were! Gave up a lot of that back. Toward the end of the day had an opportunity to make it all back and some but sold too early.

    IB IRA account was down -$3K at one point and came back all the way to being down just -$754.

    TZ account was down -$5K at one point and then came back.

    Whew! Need to reexamine the trades. Avoid this. It was near catastrophic level but it came back.
     
    #156     Mar 6, 2020
  7. trader99

    trader99

    It's all about perspectives.

    Today, I lost about one day's worth of gains across 3 accounts. Not the end of the world. In the past, my accounts would be totally blown out! Meaning I would be double double digit percentage on these crazy down moves.

    I've come a long way from my old ways of trading! That's progress! Feb was an great month. March is still positive. #dontgiveup#ProgressNotPerfection
     
    #157     Mar 6, 2020
    Genevian Speculator likes this.
  8. trader99

    trader99

    3/24/2020

    Taxable Acct: Trade Zero
    =============
    Realized gain: $3301.56
    =============

    Non- Taxable Acct: IB IRA
    =============
    Realized gain: $430(MNQs and QM)
    =============

    Yes, it can be done. Daytrading. Basically it was just one trade with size. Caught a nice uptrend. In and out. It's been a long journey. But satisfying to see the fruits of all these years of labors.

    GLTA
     
    #158     Mar 24, 2020
    yc47ib and MarketAddict like this.
  9. trader99

    trader99

    3/25/2020

    Taxable Acct: Trade Zero
    =============
    Realized gain: $2209.10
    =============

    Non- Taxable Acct: IB IRA
    =============
    Realized gain: $346(MNQs )
    =============

    Today was positive but not necessarily good trading. bad entry and bad exit. Could have been up $21K!! Need to be patient.

    @ironchef I'm still learning everyday. Everyday is a something new to learn to improve your trading.

    @Overnight Kind of really pissed with IB! They auto liquidated my QO(mini golad) futures contract last week even though I have $22K in that IRA account. WTF? Of course, shortly after gold rallied 100+ pts. WTH! So ridiculuous! Even on QO not even GC, IB screwed me over.

    Oh well.
     
    #159     Mar 25, 2020
  10. trader99

    trader99

    3/26/2020

    Taxable Acct: Trade Zero
    =============
    $3450.05
    =============

    I thought today would be the day I finally get my 5 figure day. Not yet. Not too bad. Not complaining. Keep working to improve everyday. :)
     
    #160     Mar 26, 2020