Gapper Watchlist at 9:45am: RCL YGE SOA PALM GOLD RT MPEL SPWRA FRO KMX CCL HPT STAR HSP
I’ve had my best week with prop trading since I started with 3 out 5 green days, and Gross $26.19 but Net -$27.86. I have to start making progress somehow and this is a baby step despite being so rusty. I traded 5 days in a row and my losses were not too great, so this was a decent live training week at a reasonable tuition rate. I know I got way more out of this than from my paper trading last week.
| Stock | Shares | Side | Gross | Fee | Net | Note |
| GOLD | 200 | S | –16 | -2.49 | -18.49 | Stopped Out |
| HSP | 200 | L | 12 | -3.9 | 8.1 | Stalled |
| SOA | 200 | L | 47 | -2.7 | 44.3 | Played Right |
| KMX | 200 | L | -39.76 | -2.25 | -42.01 | Stopped Out |
| RCL | 200 | S | 24 | -3.24 | 20.76 | Stopped Out |
| $12.66 |
The set-ups went the way I thought would on all five trades; my two losers I did not wait for big enough pullbacks/bounce ups for entries and got stopped out before they went in the anticipated direction. I stayed in my trades longer and actually had some long winners after not having much success with buying recently. When I got stopped out of my GOLD short and it then pulled back, I thought about flipping long as it was acting very bullish and, of course, it really broke out from there.
I’m going to try to do a longer post this weekend to review all my trades this week and post more detailed charts.
Also, have a 5K on Sunday. Physical fitness will eventually equate to superior trading, I know it!
