Wednesday, April 5, 2017

Practicing when and where to Sell

MRC 1 Day Hold
I have Plan A, B, C and D for this stock. Don't want to freeze again when Selling.
Need More Practice to achieve consistency.

Thank you for this Ms. Market.

Tuesday, April 4, 2017

Whip and Win


Got whipped with BHI last March 31, 2017. Don't have an intra cut plan with it.

And this happens on EOD.


And today, I won a little with MAC. Had to Sell it around that price after hitting a resistance. And I need to focus on MRC ^_^.



You'll never know until you try.

Tuesday, March 28, 2017

Wednesday, March 15, 2017

The First Rebirth


IMP Ipit Mode / Investor Mode

 
It was December 7, 2016 when I finally sold IMP at -42.79 loss leaving my port damaged down to  75% of my total capital.

It is not my first time to cut my losing trades. But this is one of the biggest cut I had during my first year in the market. I had my cut loss but I always tend to make exemptions. I adjusted it more and more. Then the time comes when it was to big for me to cut.  Hoping that it may still go back to a price that can make my position break-even or even gain some more. I waited for a month, then two and then comes the last month of the year when I realized that I finally need to let go.

I have made so many mistakes in just months of trading. I need to let go. I need to move on.

I said to myself that before the year ends I will push the reset button and also reset my trading log for all the bad memories that I had. I will not think of the hard earned money that I loss. That I will do my best to protect my capital and make it grow bigger. Then to my surprise, hitting that reset button work wonders to my port.

Here is the summary of what transpired during the first week of 2017.

Port Snap January 4, 2017

Port Snap January 5, 2017

Port Snap January 6, 2017