ARQL and SEEL were the main candidates today. I took a few trades on ARQL which should have put me solidly in green territory but it didn’t still finished up on the day but still less than $100. Although I have been green the past 8 days, the amount of money is not substantial. I think I am averaging roughly $60ish on a daily basis which is not going to help me get to my goal. The positive thing about all of this is that, I am creating a track record of green days and green trades, which is increasing my confidence when trading and allowing me to make better trades.
Once chart was great, the other chart after taking a second look at it, should have not been traded. Although it did add to the bottom line, I was taking on unnecessary risk by taking the trade. I should have skipped it and called it a day with my one winning trade.
Small Profit on the two trades $71ish and change. I am still averaging a small amount of profit. One decent red day would wipe out the gains pretty quickly. I need to take more size and hold the position longer for more profit. My average profit per trade hasn’t changed. Still trading small and just racking up the wins. Starting next week, I will be increasing my size a bit to get comfortable with the swing in P&L that can happen. Still taking profits when I see them. Can’t go broke taking some profits. The streak is still alive and well.