It is day 8 and my two week trial is winding down.  I'm going to buy 1 year of silver because having this community to read and learn from is worth it!  I also realize that I'm super impatient.  I want to throw money into the market and turn a profit, but I have small real trades and paper trades telling me that I will just lose money.  Experts are not joking that it takes time and effort to become profitable.  On to today's trades.

 

I made one paper trade today.  I made it around 2:30EST.  I bought 1000 shares of $FCEL.  I got it for $0.84/share. The dip was small, but like I said, I'm impatient. The stock did finish near the high so It could carry over momentum.  This trade was still a chase.  I should have taken a deep breath and focused on other things.  I did however create a trade plan spreadsheet.  It is just a log of a trade before I make it.  I also have another spreadsheet I created to track actual trades (img2).

 

Note that Trade P/L, Trade success, Total P/L, Win Value, and Win PCT are all calculated columns.  They will not report correctly until there is a sell price.  My plan is to record in groups of 20 to track progress over time.  I'm also going to add some meta statistics to the end of each group.

 

 

See you manana.