It has been about half a year since my last post, and many months since my last look around backstage here at bluecollartrader. Time flies, eh?
I found a few comments and published them a short time ago, as well as answering the two people who left the notes to me. Thanks for stopping by. I hope my answers were somewhat helpful.
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I am still studying and practicing in the markets every day. For four months, I was working a full time job at night so I could spend days at the computer, but that seasonal position has ended. It was very tiring but I am still committed to make trading our sole means of support. For now, I am back to 100% focus on the markets.
My chart reading skills are sharp now, but I still struggle with the mental aspects of trading. As my edge is refined, the improved feel for momentum together with confidence / certainty help significantly with the mental struggles. Really... there is nothing that builds confidence like an edge that actually works.
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I will do my best to post more, but I cannot promise anything right now. Best of luck to all.
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."
Thursday, February 6, 2014
Monday, August 5, 2013
August 5 - ( $0 )
No changes in the trading account since last post.
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Long 1000 shares TZA in the retirement account at $24.45 in the 3:50 pm candle last Friday, August 2nd. Sold all at $24.62 in the 9:40 am candle today; three cents after touching the HOD. No other activity.
Gain of $189.
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Long 1000 shares TZA in the retirement account at $24.45 in the 3:50 pm candle last Friday, August 2nd. Sold all at $24.62 in the 9:40 am candle today; three cents after touching the HOD. No other activity.
Gain of $189.
Wednesday, July 31, 2013
July 31 ( $0 )
I haven't posted for a week or so, because I have had zero activity in any of my accounts. Still holding TNA and TZA in my trading account. It hasn't been fun to watch, but I do believe we are poised for a break to the downside.
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Today, I took a long in the retirement account; Long 1000 TZA at $24.91 at approximately 2:54 pm. Sold all at $25.11 around 3:34 pm. Gain of $181. My read and entry was a good one, but my exit was early, leaving a great deal on the table as TZA rose steadily beginning about 6 minutes after my exit.
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Today, I took a long in the retirement account; Long 1000 TZA at $24.91 at approximately 2:54 pm. Sold all at $25.11 around 3:34 pm. Gain of $181. My read and entry was a good one, but my exit was early, leaving a great deal on the table as TZA rose steadily beginning about 6 minutes after my exit.
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