Here's another fellow member's trading results using the ART OF TRADING alerts from last week. I am sooo happy people are getting something out of this service. It really fires me up to give you guys MORE!! Please note from his PnL sheet that it's ok to have losing trades cause they are SMALL!!! The winners will carry into the green. Control losing trades first and the winners will catch up and get you in the green!! If a trade isn't working SELL IT while the loss is small!!! and MOVE ON to the next ones, who knows it could be the next big winner! Trading is a game of winning a marathon, not winning a sprint! A steady regimen to taking small losses and rising out the winning ones.
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| A | B | C | D | E | F | G | H | I | J | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ||||||||||
| 2 | L/S | Symbol | QTY | Bought | Sold | Var | Fee | $ at work | P&L | Trader |
| 3 | L | VMW | 100 | $ 41.17 | $ 41.32 | $ 0.15 | $ 2.00 | $ 4,117.00 | $ 15.00 | Stewie |
| 4 | L | BVN | 340 | $ 36.84 | $ 37.13 | $ 0.29 | $ 3.40 | $ 12,525.60 | $ 98.60 | Stewie |
| 5 | L | BVN | 400 | $ 37.03 | $ 36.87 | $ (0.16) | $ 6.50 | $ 14,812.00 | $ (64.00) | Stewie |
| 6 | L | DRV | 600 | $ 21.57 | $ 21.47 | $ (0.10) | $ 6.00 | $ 12,942.00 | $ (60.00) | Stewie |
| 7 | L | BIDU | 30 | $ 409.00 | $ 406.88 | $ (2.12) | $ 2.00 | $ 12,270.00 | $ (63.60) | Stewie |
| 8 | L | MDRX | 600 | $ 20.34 | $ 20.87 | $ 0.53 | $ 6.00 | $ 12,204.00 | $ 318.00 | Stewie |
| 9 | L | ERX | 300 | $ 41.08 | $ 42.27 | $ 1.19 | $ 3.00 | $ 12,324.00 | $ 357.00 | Stewie |
| 10 | L | 300 | $ 41.08 | $ 43.98 | $ 2.90 | $ 3.00 | $ 12,324.00 | $ 870.00 | Stewie | |
| 11 | L | BGZ | 600 | $ 20.82 | $ 20.91 | $ 0.09 | $ 6.00 | $ 12,492.00 | $ 54.00 | Stewie |
| 12 | L | VMW | 400 | $ 42.07 | $ 42.43 | $ 0.36 | $ 4.00 | $ 16,828.00 | $ 144.00 | Stewie |
| 13 | L | ATW | 500 | $ 37.36 | $ 37.51 | $ 0.15 | $ 5.00 | $ 18,680.00 | $ 75.00 | Stewie |
| 14 | L | ATPG | 1200 | $ 18.94 | $ 19.29 | $ 0.35 | $ 12.00 | $ 22,728.00 | $ 420.00 | Stewie |
| 15 | L | GRA | 1600 | $ 23.41 | $ 23.48 | $ 0.07 | $ 16.00 | $ 37,456.00 | $ 112.00 | Stewie |
| 16 | L | DISCA | 600 | $ 30.82 | $ 30.69 | $ (0.13) | $ 6.00 | $ 18,492.00 | $ (78.00) | Stewie |
| 17 | L | ERX | 500 | $ 43.89 | $ 44.51 | $ 0.62 | $ 5.00 | $ 21,945.00 | $ 310.00 | Stewie |
| 18 | L | 100 | $ 43.89 | OPEN | $ 1.00 | Stewie | ||||
| 19 | L | XCO | 600 | $ 19.63 | $ 19.42 | $ (0.21) | $ 6.00 | $ 11,778.00 | $ (126.00) | |
| 20 | L | DRV | 600 | $ 20.17 | $ 20.51 | $ 0.34 | $ 6.00 | $ 12,102.00 | $ 204.00 | Stewie |
| 21 | L | TCK | 500 | $ 31.34 | $ 31.55 | $ 0.21 | $ 5.00 | $ 15,670.00 | $ 105.00 | Stewie |
| 22 | ||||||||||
| 23 | $ 2,691.00 |
Just curious, how long do your trades last? And how long do you wait before cutting off a bad trade?
ReplyDeletehi stockfiend,
ReplyDeleteMy average day trade might last 1-3 hours.
my average swing trade lasts no longer than 48 hours.
2 days tops.
I usually know within 10-15 minutes whether i am sitting on a potential winner or loser.
hope this helps.