Apil fools day! my journey in journaling begins!!
Thanks you tradesinsights.net!!
4/1/20
: Short SPCE Did not take profit. Need to work on exit method. Gave all way, was neg but sold off at even. Which is not right, as trading is all about R/R, not about price predictions or getting even.
Same thing above, Nke went way above my pain threshold. Closed at even.
AXP, AIG, BLK BAC are saviors.
SPXP way early, did not use the tick pattern, so cost me dearly.
Good break 2 hrs off market at mid day. Refreshed my mind and body, so needed everyday. Don't need to trade every hour of cash hour. If you do, you will end over trading, revenge trading and at the end of the day worst feeling. Trading is fun if you approach like a professional athlete.
. Gardening with family, exercise.
Have not eaten much since am as I did not feel hungry. :)
2pm: compared 9 sectors, XLU was weaker. Shorted SRE. Worked out well. What a hideous move at the end, never expected such a pull back!
!
Able to recognize /CL moving up. playing a small position.
Performance 6.5/10 : Still need to work on my inside signals before taking trades. Position sizing has severely impacted, Way too heavy on SPXP and may be low in other winner performance. Solution: Make a spreadsheet for price and # stocks accordingly.