Monday, March 29, 2021

TD 26-28 Back at the Grind

 I'm back!!

I found trading to be very difficult at my mother's house last week.  I wasn't able to properly analyze and stay close to my computer to check prices.

I did trade Monday and Tuesday before I gave up, at a net 25% loss.  Back to formula again.

Day 28 has been much better.  I'm back at my usual routine and getting to spend time with the numbers again.

I made 3 trades today.  I'm using a terrible strategy of picking 3 of the big premarket movers and seeing which one pays off.  This really isn't technical or good, and it ends today.  If I want to be a successful day trader, I need to know the indicators and use only them.  I'm still always so hopeful for the "runner."  It is amazingly satisfying when you get one, but that's not the point of day trading.  I keep telling myself Small wins.  If I just average a 3% gain per day, my $100 will turn into $40k by the end of the year.  That's not bad.  It is much better than going for a big hit and ending up with a big loss.

Of course, I've written all of this before and after 28 trading days I still haven't learned it.  There's always tomorrow....

Tickers purchased today:

UPC, 7.1% gain

HGEN, 5.4% gain

SEAC, 7.1% gain.

All in all my $94.73 I started with today ended at $112.69, a 19% gain.  

My $100 is now $112.69, a 12.7% gain, a 0.5% daily average gain.


No comments:

Post a Comment