Photos

I love woodworking and cabinet making but don't get to do it as much as I once did, now that I spend so much time with trading. These are a couple of my projects: our kitchen base cabinets done from scratch in American Cherry, and our fireplace mantel, done in painted Poplar and American Cherry.

Me taking a break on the Kancamangus Highway, White Mountains, New Hampshire. The bike is my Harley FLSTC, Heritage Softail Classic.

Riding is how I clear my head. It works wonders and satisfies my appetite for "danger," when I'm not clicking buy and sell, that is.

July 10th - Pt 2

Best real-money trading day for me to date.

Here on the chart I highlight the PERFECT trade of the day for me that I didn't take. I just watched it. This was my ultimate set-up and I just sat there numbly! Ha. Starting at 3:24pm ( right chart is the 3-min), POT was a significant distance from the mean, was putting up high volume at an increasing rate, and was showing a stalled price in the candle. That was an absolute SCREAMING indication of reversal. The tale of the tape: low of $84.22 and a high of $85.53 about 12 minutes later. Total of $1.31 per share available.

That missed trade is the difference between doing this as a hobby and doing it for a living.

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10 for 18, a 56% win rate. Gain of $321 in 6.5 hours of live trading.

July 10th

So far, some very good ideas, some good trades, and some frustration. On the HES chart, I had a decent entry long at 11:14 am. The stop was set 10 cents below it. The price dropped to 11 cents below my entry... I stopped it out, then it promptly went up on a 41 cent run. Incredibly frustrating. I stopped it at the bottom, then it made the move I had anticipated.

Since then, I went long on HES, stopped it at breakeven (-3.00 loss), then it went up and is still climbing now. I'd be up 20 cents had I not gotten out. This sucks... sometimes my frustration gets the better of my optimism.

I'm still up $53. I may switch to my paper-trade account until I cool down and get level headed again. We'll see...