3/1/2018 New Beginnings

in daytrading •  7 years ago  (edited)

It's a new month and I've been pretty solidly in the red the last two days, so today I told myself no more going rogue. I'm clearly not ready to be making my own decisions on what to buy. I'm going to focus on having a green day and not focus on getting my money back from the last 2 days. It's a new month and I'm putting the past behind me. I think that is a good strategy in general. Treat each day as a fresh start. March 2018 will be my month. I'm gonna own March lol.

Here's todays activity ... Only two trades ATOS and GBTC I missed a few nice ones as well.

ATOS - I got rid of my 3000 shares I bought at .70. I sold 1500 at .744 and 1500 at .76 for a total of $158 profit. This one tried my patience but I'm glad I held it in the end.

TENX- I missed this one. Sigh. It was a slow morning and I was not going to be aggressive today so I went out to pick up a Tux I needed for an event with my wife this weekend. So I leave my computer and this runs from $5 to $12. Frustrating. I actually missed this trade 3 times throughout the day when it came down and held VWAP and pushed off again and again.

TVIX - Missed 2 trades in TVIX today. Yesterdays losses made me trigger shy. SMH. SO much of trading seems to be in your head. UGH

GBTC - (Bitcoin Investment Trust) 100 Shares at $17.91. This stock is priced way higher than those I usually buy. Hence the 100 share position. I bought this for a swing trade based on an alert from on of the moderators in my trading group. It looks like Bitcoin will break 11,000 in the next 24 hours so this stock should move with it. GBTC closed at $18.10 so unless Bitcoin tanks overnight I should be good here. The MARA shares I'm holding should move as well although they did nothing but go down .13 today

Green on the day! +$88

Lesson of the day -
Don't let previous trades effect future ones. Let it go. Don't get too confident when you win and don't get scared and second guess things when you lose. Easier said than done.

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