YM Magic!

Discussion in 'Journals' started by TheTrue1, Mar 7, 2017.

  1. TheTrue1

    TheTrue1

    TRADE 8
     
    #21     Mar 8, 2017
  2. Buy1Sell2

    Buy1Sell2

    Overtrading--
     
    #22     Mar 8, 2017
  3. Turveyd

    Turveyd

    Overtrading would only count if you lose the plot and start trading badly, tired, stressed, not based on the number of trades made.

    If profit end of day >0 then thats all that counts.
     
    #23     Mar 8, 2017
    TheTrue1 likes this.
  4. southall

    southall

    The definition of over trading is: Trading too large a size and/or too often.

    Both will incur transaction costs eg commissions.

    Giving your broker $100 a day on a $10,000 account is insane.

    The only difference is if the OP has another $90K in reserve and is effectively trading a $100K account.

    Otherwise i hope the OP is just paper trading here.
     
    #24     Mar 8, 2017
    SunTrader likes this.
  5. We will see his actual performance after 20 to 30 trades..
     
    #25     Mar 8, 2017
  6. Turveyd

    Turveyd

    Upto Trade 7 thats +$644 despite some rough trades -1463 ouch!!

    Nearly 15% is a tad excessive to lose on 1 position, but hey if it works for you!!

    Keep posting pls!!
     
    #26     Mar 8, 2017
  7. TheTrue1

    TheTrue1

    TRADE 8 CLOSED. +602
     
    #27     Mar 8, 2017
  8. TheTrue1

    TheTrue1

    TRADE 9
     
    #28     Mar 8, 2017
  9. TheTrue1

    TheTrue1

    TRADE 9 CLOSED. +882
     
    #29     Mar 9, 2017
    Eddiemorra likes this.
  10. TheTrue1

    TheTrue1

    TRADE 10
     
    #30     Mar 9, 2017