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© DANIEL M
Description
Journey through the stock market from the point of view of a novice trader. Trading penny stocks using a small account, attempting to one day no longer have to worry about pattern day trader rules. Discussing educational materials, stocks, strategy, psychology, and the ups and downs of a typical day, day trading and swing trading.
38 Episodes
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The market has always been a rollercoaster. My most recent ride took me over $2k and then back down again. But I'm riding until the wheels fall off.
Day by day I continue to learn. Now I need to apply what I learn on a consistent basis.
More discussion on surviving the market, and most importantly, surviving yourself.
Knowing what the problem is, is half the battle. The other half is fixing it. But that's easier said than done.
Bad habits leads to bad results. And bad results have been showing up a little too frequently.
After taking a huge loss two weeks ago, there has been a lot of emotional trades being made. Time to refocus and get back on track.
I take 3 steps forward and then 5 steps back (possibly more), and when I say steps I mean hundreds of dollars. All thanks to bad decisions...smh
A couple of wins were overshadowed by bigger losses. Talking myself out of profit seems to be a problem that's a little too common.
I've been able to put together a winning streak. But even more important than the gains, is not taking any losses. Find out how patience, persistence, passion, and a plan has got me headed in the right direction.
Trading using the VWAP strategy is starting as planned, if only I could stay out of my own way...
Easy come, easy go... I talk about frustrating losses after recent gains. And since I can't change life to fit trading, I change trading strategy to fit life.
Overall, things are headed in the right direction. But I continue to remind myself of my biggest obstacle...ME.
Ended last week in the green but left too much money on the table. Still a lot of work to do.
This week I remained patient and was abke to avoid a loss. I also discuss my trading strategy for swing trades.
Recap of my week thus far. It's a short week but there are goals that needs to be met.
Revamping my 25k challenge and I go through my "Think and Grow Rich" plan.
Sticking to the plan and limiting loses is the new year resolution. And I voice my opinion on an important life decision, college.
Still trying to get out of a deep hole. Patience and discipline is the key.
It's been a while since my last post but I'm back. Sorry for the wait. It's been a lot of frustration and mental breakdowns, and I'm still trying to work my way out of a hole. Though I'm far off target, the challenge is still on...
Maybe today was my worse day ever. Like they say, easy come, easy go...
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