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Day Trading Journal, Headline »

[9 Feb 2011 | No Comment | 778 views]
My takeaway of two stock patterns today

On my stock watch list today, I have IR and FCX. Both of them are for short opportunities. I kept a close look at both of them, but ended up only to do one, which is IR, and missed another one. My expectation for IR was $0.6, and for FCX was about $0.35. However, it turned out that IR had only yielded me $0.4 profit and FCX, on the other hand, was pretty productive, until the time of my writing, it is going straight down and giving a potential yield …

Headline, Weekly Report »

[20 Nov 2010 | No Comment | 298 views]
Week of November 15, 2010

I have traded only four days in the week of November 15th. And the total of the four days’ profit came to $561. Below is the detailed daily report:
Monday, Nov 15th, 2010

Tuesday, Nov 16, 2010

Thursday, Nov 18, 2010
I struggled in the morning and lost all the money that I had gained that morning. The reason was that I had a few losing trades that ate up my initial profit and this made me upset. So I entered more trades that with no solid due diligence analysis, and consequently, I lost all …