It should be around this much. I’ll post the actual amount in my Monthly Totals page once I get the actual results from IB and Ameritrade. The good news is that I was profitable for the last three weeks of the month. The bad news is that I lost $2.3k the first week of the [...]
I probably spent 3 or 4 times this amount in commissions this week. It’s good that I had a profit, but bad that my commissions were greater than them. Hardly seems like it was worth the effort that I put in.
Disappointing day today. I still feel as though I only have a little bit of skill and I still don’t fully understand the art of daytrading yet. Something is stillnot clicking. Yeah, I had a few good trades today, but was it luck or was it skill? If I can’t tell the difference between the [...]
That, my friend, is why it doesn’t pay to fight the trend…there are virtually no sellers out there right now. We’ll we’ve closed above the 618, so I am looking to go long after a consolidation now.
Fighting the trend, but we should get at least 10 ticks from the bounce off of 618. A close above 12425 on the 5-min and I am out.
I am daytrading my swing again. Market internals are very bullish here, but I don’t mess with the 618 and we’re right at the 618. Let’s see if we can close above the 618 and get a bullish consolidation. Then I will look to reenter my swing long. I think the cleanout this morning signified [...]
Alright…let’s wait for a more defined signal…I don’t like this feeling of not knowing…
Don’t think I’ve been more petrified holding two contracts before. I’m not exactly sure why…maybe because I know that I’m “gambling” here??
The tape is not confirming the price action. Someone is playing a game here…we are going higher…
Whipsaw action. I think the name of the game is “take quick profits” today. 10 ticks is not enough for a stop…
That was a craziest shakeout that I’ve ever seen. Okay, maybe not “ever”, but it was definitely a shakeout. I’m reentering my swing long here. I think my downside is near 12250, but I don’t think we’ll get there…
Easy come, easy go. So much for the morning quickie.
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