Showing posts from September, 2015

Trade Recap: September 2nd, 2015

-2200 today. Don't really want to discuss it, need to just get away from trading for the rest of the day.

Don't try and time trend reversals.

Here's P&L:

Need to have a short memory on days like today. Shake it off and come back strong tomorrow, NOT with the intent to make it back, but simply to make good consistent trades. Revenge trading will just dig the hole deeper. 
Have a good night guys. 

Trade Recap: September 1st, 2015

Sweet start to September...+2500 today. Did well to stay focused and not overtrade through all the noise of China and Oil. Todays market got crazy volatile towards the end of the day, and I did a good job of protecting my profits instead of getting greedy and diving into the volatility head first. Here's P&L today:

Unfortunately I don't have time to do a write up of my trades today, so I'm going to post a few of my favorite educational videos and information that helped me most when I was first starting. 
The following link is a clip from my mentor Nathan Michaud's DVD, and he goes over a few things in this, including the "ABCD" setup - which is the basic setup I look for any time I'm going long on a stock:
Here is a link to a blog post compiling the best tweets from my man @Modern_Rock...some very solid tips here. Enjoy:…