Monday, March 31, 2008

Dope, way behind with updates...

Real quick, nothing much as changed with respect to wins and losses, but getting better with execution.

Thursday:

Nothing much to say about this one, a good setup, good execution, just got stopped out before the run. I am looking at how to set stops, because this hurts just a little. On the flipside, I am becoming quite mechanical at selling when a stock is not working...

QLD:

Gross: -$9.60, net -$12.64

Weekend balance: $2927.08, down -1.51%, 0 winners out of 3 trades, profit factor of 0

Monday:

Better setup and very, very patient entry. Stock took forever to grind higher, penny by penny and I ultimately gave up and went back to work. Had I held, winner! As I stated earlier, good mechanical execution with losers, now need to do the same for winners...I'll be working.

QLGC:

Gross: +$0.90, net -$3.04

March info: Lost -$26.55, -0.90%, 5 winners out of 13 trades, 0.78 profit factor (blah)
Quater info: Lost -$125.81, -4.0%, 13 winners of 35 trades, 0.62 profit factor (ugly, thanks to Feb.)

I like that it will be new month and new quarter starting tomorrow...

Masterjaz

1 comment:

bp said...

Both of these trades were winners if the stop were the tail of the doji.. is that correct? Btw, I entered a buy stop limit today and sat back calmly and watched CALM move away from me.. there was something relaxing knowing that the order was never going to get filled... and more importantly, knowing I was not going to book a loser today. no matter how small or how big, it was not going to happen...