Trading For A Living | February 2022 Recap

Quick Info

• Video Link: Trading For A Living (February 2022)
• Day Trading Small Caps (Unlimited) Stats (In review)
• All My Portfolios

Patterns & Overall P&L

• Profitable Day Trading Patterns by Ranking
  • Frontside = 1,368.75
  • Ranging = 783.24
  • Backside = -722.35
  • ------------------------
  • Total = 1,429.64
• Thoughts
  • Market sell off and small caps totally dried up (continuation from Feb), especially pre-market action. Just wasn't a lot of opportunities and if something did come it was over before it really started. Had to be quick because there was very little continuation.
• Going forward
  • Being increasing selective
    • Frontside trading (price is above 9ema on 1m and 5m)
    • Ranging can be profitable but need to identify quicker when in range
    • Backside only on large caps
  • Start sizing up on tickers I'm on the flow with
  • Wrap up once nailing any major move. Anything above daily avg is a big win.
• Rule Updates
  • Limiting my trading when I have something else to do.
    • 1) Don't trade at all
    • 2) Trade if it's good and do the activity later

Performance Analytics Details

1. Insights
   • stats kinda the same but eventually pre-market dried up
   • still make most of my profits with trades lasting < 1:00 min
2. P&L Calendar
   • Slow week you can really see how little I traded and also took some days off (should have taken more off)
3. Running P&L Calendar
   • Notcing it was slow and just calling it quicker instead of trying to force opportunities. Would have saved me time, money, energy (live usual).