One day I will learn to let winners ride. Don't know when, but one day. Waited for AKAM for so long to hit my target entry exactly. Bought it at 41.88 and sold at 41.98, then watched it go to 43. One day...
+403, on 142k shs. afternoon rally beat me up good. was up solid, and figured the market was overdue to close on its highs, but stuck to the systems, regardless.
$-270. Lousy day for me. Went long a few times near the open but kept getting stopped out and ended up missing that big rally. Then I started getting emotional and did a lot of bad trades. This happens to me a lot: feeling bad about missing a move I should have been in and start making poor trades on bad setup to try to make it up. What can I do to stop this as this is where I'm losing a lot of money from? My account is wiped out for now, I can put more money back in but I think I'm gonna take a short vacation from trading because I'm emotionally stressed-out and need a break.
Well, we have 1 newbie with his first blown account (another one bites the dust) and the next one right above me without a blotter. If you're going to post your PnL, attach a blotter ! +$145.30 today, +3 ES points. Only 1 trade this morning, and I wish I grabbed more than 3 points from this morning run up. I was long @1074.50 and exited at resistance at 1077.50. Can't really complain as it was a safe trade when only trading 1 contract, but still. The rest of the day is just choppy garbage that i didnt want to churn the account on like yesterday. This week: +$198, +$103, -$78, -$183, +$145, Total: +$185 This week by points: +4.25, +2.25, -1, -1.5, +3, total: +7 points gross, but only +3.75 after commish as there was way too much churning this week.
@.@ no blotter... i am not using daytrading program to trade... its kind of like a swing account with high commission... thinking of switching broker maybe later...ah...
+3421, on 89k shs. overall, tricky week, but i ll take it. feels like the "climb wall of worry" action is underway, in the face of so much negative news. could see this continue into Nov. elections, easy. fun, watching online the World Cup while trading
So sorry to hear that, have you considered SIM trading for a while working on your best setup and psychology issue?