I'm finished up $260 early in live trading today but had to stop after that. Because the account is not set up with margin, I have to wait for the funds to settle before climbing back in the saddle.
My second trade of the day had a beautiful entry but exited far far too soon. I literally took a small fraction of money available to me; entry long in TNA at 10:15 am at $86.24. This trade peaked at $88.65.
I have a lot of work ahead of me to improve but I am happy for the $260; it's more than I started with.
Documenting the Journey From Bluecollar Guy Doing a Bluecollar Job to Trading the Markets for a Living
"A man is not finished when he is defeated. He is finished when he quits."
Wednesday, March 27, 2013
Thursday, March 21, 2013
Here are my live trading reults since March 11th. Today's results are not listed because the trade hasn't become official. I had a $120 gain today in TNA.
On Monday, I had my best live trading day ever with two trades netting about $1,250. As has been one of my great shortcomings, most of my winners are exited far too soon... one of my trades on Monday would have netted up to a $2700 gain instead of $950 had I been more in tune with momo.
Tuesday, March 12, 2013
Thursday, March 7, 2013
Tuesday, March 5, 2013
Today I traded TZA in Mrs. BCT's retirement account and added another $140 to the totals shown in the screen shot. My trading is limited because the account is not set up for margin. Hence, funds get locked up for 3 days after I make one move. Further, I made only one trade in the first two weeks of February. Yesterday, I had a timely entry in TNA but bailed out far too soon. I took about $250 from a possible $2300 available to me in the trend I was trading. I must learn to trust my instincts and manage my desire to take the quick dollar.
ADDENDUM: I just added a $60 winner in TZA to the $140 in TNA this morning. $200 total today.
ADDENDUM: I just added a $60 winner in TZA to the $140 in TNA this morning. $200 total today.
Subscribe to:
Posts (Atom)