I am writing this to track my progress in keeping with my goals.
This week was a red week for me. I made a couple of trades that were profitable and one that took it all to the red. My trades were as follows:
$AMRS - After commissions, I made a $20.00 profit.
$EPRS- Lost $66.00 on this trade because I made a bunch of mistakes with it. First, I bought too high. Second, I held too long and did not immediately cut losses because I thought it might have another spike the following morning. It did not spike, just went down.
$HTBX - I made $12.00 profit here. Made the mistake of selling too soon and not watching the price movement on Friday. It kept going up all day and even some more after hours. I should have held at least until the end of the day where I could have made a higher profit margin.
So to sum up this week, I ended the week with a $34.00 loss.
Hppy trading everyone. Trade safe, Take profits.
Are you not including commissions in your profit.ly P/L? For all of us trading with small accounts, I think you should really be true to yourself and include them here, cause they do affect your trades and therefore your entire mindset, don't you think?
I haven't figured out how to do that
That is why when I write my weekly review, I subtract $20 from each trade I made with E-Trade
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