Another positive week, still practicing with small sizes and finding my edge but better to be in profit :)
Apparently my best strategy so far is Multiday Breakout but honestly I only made 78 trades in total since last February so I can't really say to have enough data to state that, it's for sure the one I like to trade more and for that reason I'll start to put more of my time on it.
As usual every day and week I review my losses in order to learn from my mistakes and avoid them in the future, last week one of my 2 losses was due to a rookie distraction that I could avoid only simply watching the chart carefully, my bad maybe that day I just wanted to trade so badly that I jumped in reckless.
One of my trades of the week was with a quite illiquid OTC stock, people in the challenge chatroom are trading successfully those tickers so I wanted to see how I'd handled my emotions trading them too. Well I didn't feel really good watching the slow action with most of the time with 10/15 cents spread between bid and ask, despite the profit I've got, that it could be better by timing better my exit, I don't think I'm going to continue to trade them, the chances to get stuck in the trade are to high to me, I got a good execution as I had a $400 position but I wonder what could happened if I had a bigger size, I'm not comfortable with that and I admire the traders that are able to be often profitable with them.
Another exciting week is coming! :)


Join now or log in to leave a comment