Full Recap Video

Day Trading For A Living | October Statistics & MAJOR Lessons For Q4 2020

https://youtu.be/uavNjhrNdq8

 

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

  1. 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
  2. The month ended sloppy
    • Lack of conviciton, spiratic trades, and FOMO entries
    • Due to swing portfolio?
  3. 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
  4. No Really amazing Home Run Trades Last Month
    • But still best month, lots of base hits
  5. 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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