Monday, October 22, 2007

My Strategy/Performnce Today

My strategy for today was to day trade smaller shares and book profits very quickly and exactly what happened. I am very happy with today's trading performance. I like trading smaller share size, it makes me less emotional. Even while the DRYS was going against me, i kept my cool because the position sizing was small and i didn't panic sell. I definitely need to incorporate more of that into my trading. Trading smaller share size and riding out bigger moves.
I could have been a little more patient with my DRYS and JASO trades and squeezed a lot more out of them but overall i am happy with my trades and as long as i make $2000 a day i am happy. Today i booked about $2,900.

4 comments:

  1. Nice, Stewie! I hope to be as consistent as you someday.

    ReplyDelete
  2. Stewie,

    Keep daytrading and you'll lose your shirt.

    99.995% of daytraders lose their houses.

    Nice day. Email me... I lost your email.

    -DT

    ReplyDelete
  3. DT.

    my email is: traderstewie@yahoo.com

    ReplyDelete
  4. pro.
    just find a style that fits your personality and get very very good at it. you will find yourself eventually.

    ReplyDelete