
@lvtrader777 Cool blogging. Nice to read through all of your mind set. keep it up!

Had a bad day on Tuesday and lost 1800. Didn't follow my rules. I made up for it though by making 436 on Wednesday. I couldn't trade Thursday but I would have done well I think. That 1800 dollar loss is the only day I was negative this month but it erased all my profits. Tomorrow I plan on making disciplined trades and I my goal is just not to lose or if I do lose don't lose big.

Had another good day. I finished up 550. I traded UVXY long and almost bottom ticked and top ticked it on a buy and a sell. I was up around 750 dollars and I sold half of my position to lock in some profits. After that, the stock trended down and I was red/green back and forth. Right when it looked liked it had found support, I bought back the half position I sold earlier. I nailed it right at the bottom. Then, things bounced around a while and then a slow upward trend began to emerge. Took nearly an hour for a solid trend to be confirmed. I waited patiently, although I did consider selling when I was only up around 140 dollars. My goal lately isn't just big trades, it is just to stay green. Well, I fought temptation and trusted the trend once I was up around 500 I began to sell off my position and I tried to hold a small position and just let work for me but I couldn't do it. I wound up closing out the trade for a total profit of $550. I could have made more but I was definitely happy. Tomorrow will be a true test. Curious if I can keep the streak going. I know I will have a red day any time but It just can't be huge like I used to do. The most I am comfortable losing is 150 dollars. Even that would bother me but I would much rather that than some of my other huge losses I wish I could erase.

My trading has improved. I have finally learned to take profits even if they are small and it is adding up. I used to watch my trade turn against me and then think it will go my way in a couple more minutes. I don't do that now. I now take profits as the trade progresses and scale out of the trade. If my trade starts to turn against me, I I will let it draw down but I will always close it before it becomes a loss. This strategy is working so much better. I now have to work on staying in my trade longer and let it work for me. I am still gun shy since I lost big on 2 dumb trades. Rarely, do I find myself down in a trade and if I am, I can usually scale in enough to make a small profit and exit the trade green. That is another thing. Scaling into my trades by using a tester trade generally has kept me from losing. I usually take a small position and then watch to see if it is going to go my way. Then, once it goes my way I start to build my position. I start taking profits halfway to my target and only keep a small position once target is reached. I am much happier now. Also, I never hold over night anymore. Been burned twice doing that and feel much better being all cash at the end of the day.

Well, its been a while since I have posted. I managed a 5,400 dollar loss in a single trade by being stubborn with $NVGN I also lost another 3500 or so on $GILD thanks to the ABBV hep med being chosen. So, I was embarrassed to post my trades anymore. I have since decided that it is foolish to be ashamed of my mistakes and even more foolish to commit them again. I am now posting my trades again although I am not sure why all of them aren't showing up.

Cant trade right now due to piece of crap $NVGN. I accidently held 1500 shares of this junk over night and it got halted on Aussie exchange. Waited to see what would happen to it on Nasdaq and it gapped down over 40%. Currently my biggest loss ever in my short history of trading. On paper I am down around 4k on this trade. Not sure what to do at this point. I typically never hold anything overnight but I got stuck with this and thought it might gap up in the morning and was going to sell into a morning parabolic. I guessed it would either gap or parabolic to 6. What a surprise. It gapped alright. It gapped down. Stupid offering the company did to raise capital. Expensive lesson but good education is never cheap! Will post when I exit this trade. Right now trying to open another account ant IB to bypass the PDT rule.
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