Rick Ong

Net: -$72 I figured my strat only had 50/50 odds. It had no edge. I lost -$50 from a gamble on XOM. Wasn’t part of the strat. Tomorrow I’m gonna try to use a tweaked version of my strat. ( ExpMovingAverage[EMA,Close,21,0,15] > ExpMovingAverage[EMA,Close,21,0,5] AND ExpMovingAverage[EMA,Close,21,0,5] > Last AND Last > ExpMovingAverage[EMA,Close,21,0,1] AND ( (Last – [...]

Net: $12 I used my strat’s formula to do the exact opposite of what I’ve been doing the previous days. Instead of using it for counter-trending, I’m using it with the trend. Price usually went to my favor but often stopped at or very near my exit before spiking to the other way and stopping [...]

Net:-$50 Feels like as if my strategy would make me money if I do the opposite. It’s been consistently losing me money. Maybe this formula is better for trending?

Net: -$50 Traded WYE against my rules at the open, made $22 on it. The following trades were all losing capped by AA where I was unable to cut it becuase I was looking at the Mac. I just decided to risk it all the way to -$50. Unsurprisingly I cut at the top.

Net: $28 Trades: 17 Shares: 1800 Opportunities were presented a bit late into the day, around lunch.

Net: -$58 Got stopped out today. Market was in trending mode. 9/10 of my trades were losing. I just stuck to the plan.

Net: -$9 Trades: 10 Shares: 1000 Just followed my strat strictly today.. traded 5 stocks.

Net: -$4 Trades: 18 Shares: 2000 Frame of Mind: Trade the plan. Came in lunchtime, after the hockey game. Had 6 stocks on my trade list, my PnL went up, went down, but APA took away a huge amount. I wasn’t presented with enough opportunities today.

Net:$32 Trades: 31 Shares: 3600 Frame of Mind: Excited to try my newly tweaked old strategy. I now remember how I got into this rut. This losing streak was caused by a change in strategy to a trending strat which is prone to a lot of smaller losses. I wanted to make a lot in [...]

Net: -$50 Frame of Mind: Tired from surfing. Lacked sleep. I initially thought to risk .15 on BAC, went short at .75 at the open. Turns out I shorted the low, and I hesitated to cut, until my losses amounted to $50 in no time. I seriously need discipline and a rigid system or plan.