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

Wednesday, July 15, 2009

July 15th


Once again, day-job kept me away from the computer for most of the morning. A couple of good trades today and some where I exited too soon; an example is the POT trade listed on the chart. I shorted it only 14 cents off the HOD but covered when it appeared to have stalled, leaving another 50 cents on the table.
Gains are smaller today as I have reduced my position size to 200 shares rather than the 300 I have been trading recently. Other than the first trade today, all are 200 shares. Ultimately, my goal is to trade 1000 shares at a time, so I consider the current 200-300 shares a warm-up for later.
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7 for 7, a 100% success rate. Gain of $140 in 4.5 hours of live trading.

Tuesday, July 14, 2009

July 14th

Day-job and 3 hours of sleep last night left me listless once I was able to get to the computer to trade. With a significant lack of focus, I was cautious about taking trades and saw some decent ones go by; one in particular in POT. That's ok, I was really in a learning mode today and ideally, should have been in my paper-trading account. Today was a gainer and so I'm pleased to have my profit, small though it is. Not much analysis or review today. It was one of those days...
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4 for 4, 100% win rate. Gain of $44 in 1.75 hours of live trading.

Monday, July 13, 2009

July 13th


Didn't get much time in front of the markets with day-job duties and my sister in town to visit. Traded POT just before lunch and at the close.
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6 for 9, 67% win rate. Gain of $53 in 1.75 hours of live trading.