So... I have an issue when it come to gaining momentum in the direction I want. Which is success. Which is finical freedom. As I get to a point where I have been green or good, I completely undo what success I just worked so hard for. And then I enter the realm of never being always on the negative end of trades , always ending up red. I made a few trades the last week, which did just that. Crappy trade, revenge trade (success) the crappy trade toxic practice. However if I give up and never hold my self accountable, never continue to try. I would reach this goal. Hell If I could simply get to a point where trading could pay me an monthly salary of 5-10k a month. I could leave work and do this full time. give my family a new life. This is my reason for putting this out there. not being happy with these trades, but also making an effort to keep up with my commitment to succeed. This is year 4, I should be doing much better than this by now. Stay toned for the transformation.
Phone, login in issues, and no time to resolve them before work, compounded my swing trade on BITF before work. This is why I took and extremely small position over night. The trade did work and would have been a decent gain. But the universe didn't want this trade to work out in my favor. One loss, I will not let this define me, I will not allow this to begin a trend. Reset and get back at it tomorrow.
One day at a time, One trade at a time. Time B said It's better to be wishing I was in than wishing I was out. I'm going to do my best to prefect this with being comfortable by making singles and doubles when it comes to wins for the majority of the time, and reducing the losses to singles if not less.
This first week of trades. I need to make sure and work on the mid day late day trades, to ensure there is enough time to complete the trade during the work day. My Pre market trade I was in and out well before work taking profits and leaving plenty on the table. I will have no issues with this type of trade especially as long as this continues to happen, and my account grow getting me closer to a goal or finical freedom, and being able to support my self through day trading.
First week of the year. I am green. Now I have deleted the trades in this account 3 times, not to hide anything. But simply do to the lack of logging trades. and I do not want to go back a try to catch up on the past. Instead, I will start new and minimize the amount of trades at a time and day ensuring all the trades are logged. This way I can have a better idea for where I am successful and where my down falls are.
I have been terrible at logging trades. I have noticed how as I put out to the Universe that I want to be a successful Penny stock trader. The world has thrown just about everything it can at me. So I start and fall, and then get back up. Over the last little while. I have been trying to focus on the baby steps. One of the new baby steps I am adding is logging. I will make 2024 a better year.
January did not go as well as I wanted. I am working on taking less trades, documenting the trades and ensuring the trades are worth my time and money.
February Goals: get to green on the year. minimize P/L amount. and continue to focus.
February goals 500 dollars, stay green. and minimize the loss.
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