Profits in Reverse

This is my trading log, where I post my losses with the occasional win. Short side only - from 25k to 15k in 3 months so far. Small wins, big losses approach.

[Profits in Reverse @reverse87247]

My first post here. New to X as well.
I’m here to log and learn, posting my losses with the occasional win. My dream is to become a full time trader. I’ve been trying these past months, only to lose 10k from 25k. Small wins, big losses is my thing. Will succeed or die trying.

[Profits in Reverse @reverse87247]

Yesterday's fuckup affected my trading and sizing today, resulting in much smaller gains and skipped setups. I feel tired and resigned, a lot of my mental capital got burned.
I'm off next week for vacation, so I hope I come back stronger.

China festival today, as expected.

[Profits in Reverse @reverse87247]

...then JLHL finished the job and hit my daily pause as I was trying to reduce the loss further. It also nearly wiped out my regular broker account. I was down a lot, both realized and unrealized, but I fought my way back and traded a few other tickers in AH, and finished BE.

[Profits in Reverse @reverse87247]

Yesterday was tough. First, VRAX got me, but I respected my SL and got hit for -850, which was OK. Then I revenge traded too early, re-entering barely above my stop. I still managed to cut the loss down to -400, even though I didn't catch the offering with enough size.
Then...

[Profits in Reverse @reverse87247]

@h96336411 I'm off next week, so it might actually be good timing🙂

[Profits in Reverse @reverse87247]

Meh day overall. It’s been hard for me to operate in this market. I f*cked up on VTAK, it took me for a ride. I mismanaged it, and had to settle for a BE due to the 10c rule. PM was super slow as well after I missed the 4 AM trade on NCRA.
At least it's green.

[Profits in Reverse @reverse87247]

@h96336411 true, it was the same last year.

[Profits in Reverse @reverse87247]

@h96336411 yeah, it's bad.

[Profits in Reverse @reverse87247]

Closed one of my swings.

[Profits in Reverse @reverse87247]

+ a trim on one of my swings.

[Profits in Reverse @reverse87247]

+ small scalp on TVDR. Green is green.

[Profits in Reverse @reverse87247]

Super slow. I didn't like any of the setups and traded placebo size. Got f*cked on CCHH limited by the 10c rule. I got chopped out first, re-entered, got greedy and didn't take profit on a valid trade, then got stopped at BE on the opening range, only to see it hit my original TP

[Profits in Reverse @reverse87247]

I missed GMEX, the best one today. Damn.
I seriously undercapitalized on gifts like MSS and SPHL - size too small, trims too early.
Happy to have another consistent green day, though.

[Profits in Reverse @reverse87247]

@quete8010327368 100k.

[Profits in Reverse @reverse87247]

I just got an email that my eval was reviewed and I’m officially funded with @TradeThePool.
Quick summary. It took me 15 trading days of slow but steady grinding with small sizing and relatively low risk. 0 red days. 92% win rate. Accidentally went long twice affecting my WR lol.

[Profits in Reverse @reverse87247]

A small June recap:
- Took 3 daily pauses for nearly a 7k red
- Still managed to end the month green $3801 (shorts+swings)
I might not be bad at trading, but I'm beyond terrible at taking losses. Stopping out at 50% of each loss alone would put me in a much better spot already.

[Profits in Reverse @reverse87247]

Not sure what I was doing today, but I fat fingered twice entering the wrong tickers and taking stupid losses. Slow day overall, with some action closer to 9:30, plus a bad trade on CWD. Happy to be green. It was a decent week overall given my sizing.
+a tiny scalp and some trims

[Profits in Reverse @reverse87247]

Wrapping it up. The heatwave is killing me. Not satisfied with how I traded today. I botched DXF and CANF, and left too much money on the table on everything I traded today, even by my standards. Happy to have another green day though.

[Profits in Reverse @reverse87247]

Added a bit on SVRE, but I should’ve managed it better. On to tomorrow.

[Profits in Reverse @reverse87247]

Overall, a slow day with some nice gifts after 7 a.m. Baby size on everything, I'm just not feeling it lately. Green is green. (I covered VWAV way too early...) Plus some trims on my swing longs.

[Profits in Reverse @reverse87247]

@xpringles_ @SexyShortSeller @TradeThePool And yes, no single trade will kill you. A 1000% China spike in seconds will only daily pause you at 2% of your account. Been there. Plus no T12 halt risk, as everything is liquidated at 3:50.

[Profits in Reverse @reverse87247]

@xpringles_ @SexyShortSeller @TradeThePool It kinda is, as long as you're OK with their rules. Ultra scalpers won't like it. There has to be at least 30s and 10c between entry and exit, plus the volume rule. It doesn;t bother me, so it works for me. After the first payout, you risk 0 of your own money, so I'll take it.