I daytrade the market open long. I plan to trade until the trading capital 5 000 dollars is gone. Hopefully I get consistently profitable before that happens. I mostly paper traded until Dec 2022 and then I started with 5 000 dollar and the account is down to around 2 500 dollars. 29 trades in November, 256 trades Jan-Nov 2024. The account is down 26 dollars in November, down 187d Jan-Nov 2024. Courtage in November 62 dollars. Biggest win ever (paper and money account ) 301 dollars. Biggest loss ever 88 dollars. Percent target trades in Nov 90, mean 2024 88. I calculate the winning percent and I include every trade. Nov 48, mean 2024 47. In the trading diary for November I find the following mistakes: Entry near the market open in a non-taget trade. Entered trade rated at below 65 on the sliding scale. Missed the planned entry and chased. 2 unintentional double entries. LEARN TO WAIT. Wait for the trade to prove itself. Every day I am in a trade within two minutes of the market open. 6 times: Didn’t respect rules, held and hoped, allowed the stock to go down 22c/32c/43c/25c/11c/111c below the stop-loss.
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