"A man is not finished when he is defeated. He is finished when he quits."

Wednesday, March 27, 2013

Out too soon...

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.

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

Just added another $230 to our IRA from a trade of 2000 shares of TZA; long at $9.62 and exit at $9.68.

Thursday, March 7, 2013

Today I added another $80 to the IRA in which I've been live trading using 2000 shares of TZA.  Not getting rich by any means, but I'm acclimating to live trading in small bits at a time.

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.


Feb 1st - March 4th live trading results