Full Recap Video
Day Trading For A Living | October Statistics & MAJOR Lessons For Q4 2020
Major Events
- Oct 5th Returned From Portugal
- Started waking up 5:45AM Local Time - need to have a plan though
- Started posting my watchlist online as well (before only yellow notepad)
- New sponsor (Yotta) Lottery based savings account
- Oct 16th #TradeOktoberFest
- Oct 21st the post office
- Oct 26th Peter Klamka the CEO of Cordia Kitchens (CORG) interview published
Main Takeaways
- Watched my old recaps and they review the setups very well
- Not much has changed besides overall market conditions
- Know when to get more aggressive with different patterns
- Not all trades are created equal
- The month ended sloppy
- Lack of conviciton, spiratic trades, and FOMO entries
- Due to swing portfolio?
- Would like to seperate swing portfolio out of day trading portfolio
- Always was the case but had a lot of sitting cash I wanted to put to use
- Roth IRA from growth / swings and normal account for value
- No Really amazing Home Run Trades Last Month
- But still best month, lots of base hits
- Daily trading build cusion first
- 10% of avg position size stop out rule
Trades Worth Mentioning
% Biggest Winner - CHS Trade $379.80 Pull-Back Swing Trade
https://tradejournal.co/trade/2386/
$ Based Biggest Winner - HYLN Trade $385.00 SLB Swing Trade
https://tradejournal.co/trade/2584/
$ & % Based Biggest looser - AMC Trade $-824.00 SLB Swing Trade
https://tradejournal.co/trade/2583/
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