notes

Notes on 4 august

Results of a Small Experiment : Strict adherence to the trading system The results are very impressive. Out of 2 weeks of adherence to it, there was only one minus day small. True, initially it was a minus at the beginning of the day, but this is due to the fact that I traded in the first hour. According to its results, it surpassed the best month in 2 Times, but then he broke down and could not strictly follow the rules and lost more than half of what he earned through his own fault. conclusions : Observing the Trading System, you can achieve phenomenal results, the main enemy is discipline and emotion. The main problem now is this, not in the trading method. Notes: Do not raise positions too aggressively, best to increase gradually by a third, not in 2 times more. Discipline is gone, stupid deals appeared. We must return to the old style. The market gradually calm down, the season of reports is coming to an end

Notes 30 June

Decrease positions by two Decrease the loss limit by two Decrease the number of positions by two We are waiting for the companies' reports to start., the market is worth

Notes 17 June

My standard position is 1/3 from maximum Each increase in position, this is a separate deal For a positive day, enough 2 good deals In weeks should be at least 3 positive days, one negative and one at zero The minimum profit must be at least 50C on the basis that the average stop is 10C 35-40% only profitable trades, the rest minus. The ratio of GROSS to volume must be at least 2. For every 10000 shares not less than 200 dollars of profit. Initially, I can lose the maximum 4 deals in a row in the red, into a regular position and my day will be over for trading Every third trade should be profitable Profitable trades should never be closed in the negative like days Emotions interfere with trading, only clear and competent transactions according to the trading plan

Notes 26 May

Due to the fact that I learned to trade, the premarket was not prepared for the trading day, because of this, there was no idea within the day.The worst time for my trade is the first hour and with 13:00 – 14:00 Most of the money was lost due to violation of trade rules – Do not trade reversals and do not average For a good day, it is enough to have 2 normal transactions, even if it was 8 negative When the market is at a standstill and there are no ideas, do not open positions. Wait for some kind of movement Premarket does not give me a chance to earn normally because. My risks are not defined and I can't get big positions, on small positions making big moves my profits will be limited in the future Do not trade Premarket, not profitable. I need to focus on trading, relaxed too much

Notes 19 May 2010

You cannot trade small positions, start making stupid deals. The greater the position and risk, the faster and better you think. IN 1001 I repeat to myself : ” You cannot trade in the first hour and catch reversals in stocks, it doesn't make me money !!!!” Large positions move stocks and slip prices, pick up little by little. Never trade other people's ideas and listen to no one

Readers' letters

Almost every day I receive letters from my new readers with praise and questions., which makes me very happy and see a constant increase in my audience. Of course I answer everyone their question, but I would like to write to the NYSE Traders Forum,NASDAQ , AMEX because. many will see the answer to your question and perhaps find the answer for themselves. Here is one of the usual letters : Cool blog!!! It's a pity that I didn't find it before. You, one might say, opened my eyes. I was already disappointed in trading, how did your notes help in time?, especially about trading after 1 o'clock. Probably because I'm too young, and emotional, “flew in” in the deal in the first minutes and me strongly “there were”. All the same, it is better to study first. And if you can, you can tell newbies to focus on one stock or a few. I read somewhere that it's better to be “narrow-profile” trader. Can you share your opinion. Alex: If you read my Rules for Trading in the First Month on the NYSE , then I already mentioned, that in the first hour I do not advise beginners to trade. Also, in the beginning, you need to learn how to make the right deals and better concentrate on one deal., and then go to several open positions.

My thoughts, ideas and notes in the first year of trading on the NYSE

Maybe someone will be interested in reading my thoughts, ideas and notes when I first started trading on the NYSE. I wrote down notes and rules for myself and re-read them before. Read the rules every day EVERY DAY, WEEK, MONTH NET-ohm in positive territory close, Analyze yesterday's trades always Trade with 10 10 To search for and enter the current in the best options, it is imperative to use a protective stop to cut losses and give profits to grow. Increase position in the course of movement on pullbacks Trade with the trend

Notes 10 august

Today my mentor left the firm to trade with his own money, sad a little. I wish him good luck, he will succeed . From this day I stop doing nonsense at work and start earning a lot of money :) There will be no signals for today, I will miss 1 day. FENIX found a post about Elena ESTrader, and I thought she was just so inadequate with me, weird girl.

Notes 28 July

Changes in trading have benefited me Writing a trading plan before trading gives good results, but takes more time. A lot of stocks are accumulating and ideas for them . More global ideas work better when you think about them before trading., there is no rush. Alerts for promotions are very helpful in spotting promotions.. Increasing the position size is much easier with a prepared trading plan.. So far I decided to take 50C each, to emotionally recover after the minuses, profit-taking won't make me feel any worse All the time I don't have enough time to post old trades, I will try to come to work earlier.

Got myself Twitter

I decided to try to pee on Twitter, I think it's useful to take notes while trading. I'm just getting used to it… http://twitter.com/good_trades

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