@Penny_Lane_BBM Day 5 of SPY challenge. First 🔴 day. Should have stopped after first trade. Need to add “if up 5% of account, done for day” rule I think. Down 11% instead. Didn’t put a stop on last trade. Bad choice. Could have gotten out even/small green…twice.
Day 5 SPY challenge. First 🔴 day.
Really should have stopped after first trade. Start of day. T1-$35, T2-($25) LunchT3-($75) was watching, could have gotten out even twice. Could have made a little. Need to reflect more on what to do next time. -11% 😕
Day 4 SPY challenge, Day 4 🟢
New rule limiting how early I get in starts tomorrow. Only made $28, not $50. But that’s currently 4%. I’ll take it. It was KILLING me to stay out of the mid-day fray, but I stuck to my rules.
@Penny_Lane_BBM Day 4 on SPY challenge. Day 4 🟢. Not $50, but 4% on my small account. New rule tomorrow, waiting longer after open. Was killing me to miss the mid day 🎢 But stuck to rules. Shouldn’t have done last trade. $1 🟢, but not after fees.
@BlagueSherzo @BGOOCHY @TheBlakeCheck @Tesla I’ve got an order (or two) in. That’s a good trading goal. Cash. So far I’ve gone from $2k to $4k to $700. I’m still not sure about it though. Maybe I need to order an X too just in case. 😂
@TyzenTrades I started in Jan happy making $50-200 a day. Started chasing, no rules, lots of bleeding. I realized, at least until I retire in June, a small amount each day consistently makes more sense. Can then decide if I want to scale up or not. 2 hrs a day max!
@AceVenturaPets Looking forward to watching the vid. I’m a new enough trader that I’d not heard of using sine waves. I’m a retiring math teacher who is looking forward to needing out more over stuff like that come June.
@lebeaui@Penny_Lane_BBM The regular hull wave is there in studies (just different colors which you can change). But I’m still unclear whether her hull wave is just that or includes the clouds. Something in a recent tweet makes me think they are separate.
Day 3 SPY/small account/trade-with-rules challenge. Best day yet. Double my goal. 18% on my account.
Should have $6.30 more. Need new rule re: late in day, whatever’s left YOLO. Not sure yet what it should be.
Suggestions encouraged.
@lisette1026 @KevinMa45745085 @PatrikGr70 Beta has to be turned on. I hate the beta. I turn it on to buy, then turn it off and comment on their survey that the interface makes it harder to see all positions.
But it was time to go to work and it was a decent green trade.
T3- Another dog. Tues lunch is early. If I’d have waited a bit more, could have hit a good run down.
🟢$15
2.8% on the account for the day.
And I stuck to my plan. 2/2
Day 2 SPY/small account challenge.
T1- Put at open, which was fine, but fat fingered getting out. Thought I was out and I wasn’t.
T2- Call just after. Kept moving my stop up. If I’d have left it lower longer I’d have gotten more of the early run. 1/2
@Penny_Lane_BBM Fat fingered first trade and lost way more than I’d have liked, but stuck to my plan and was green on the day (only $15, not $50, but green is green). Almost 3% for the day in my little account. I’ll take it.
T1-P-First few minutes. Didn’t write how I got out. But good.
T2-C-Right after. Stop too tight. Not sure if I’m happy with strike/date. I will try to set up T2 to continue if possible into work day with OCO Stop/Limit
T3-P-Dumb lunch play. 7/x
Day 1-SPY challenge
I’m following in the spirit of @Penny_Lane_BBM (from @WolfOfWeedST ). The IWM was leftover YOLO from Friday. Goal for 2 weeks is $50 a day. 1/1
I spent ALL my Feb and March breaks at the computer. That is NOT what I want. I have A LOT to get done. And I REALLY want to be more active. Trading has to be a means, not an end. I’m happy to hear from others doing similar. 6/x @Baystreetbull21