This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Thank You!

Jump to new
J

JJZ

Joined
17 December 2015
Posts
47
Reactions
0
Just dropping a quick thank you to the people that run ASF, to Joe and all the people who help and contribute to it.

This forum, the old posts and the other members have accelerated my learning by 1000%. The books/software recommendations have saved me 100s of hours and probably $1000's too!

I started real trading about a week ago, the impact of moving from paper trading to using real $$$ cannot be underestimated!

Oh for those curious how my first week went.... 7 Trades, got stopped out on x2 at -12% the other 5 are currently +4.5% on average.

With brokerage I am probably $100-$150 down, but my trading capital is small so as long as I can see some real life positive results I am happy. Hoping to scale things up in 3-6 months when I have some more confidence.

Thanks everyone.


JJZ
 
Good luck JJZ!
 
JJZ said:
I started real trading about a week ago, the impact of moving from paper trading to using real $$$ cannot be underestimated!
Click to expand...

Go get them Tiger
 
You need 17 screens and a ping of .00072 microseconds before you even consider trading.

And what's all this talk about confidence?
 
More to the point...

It's good that you've spread the risk over a number of stocks and that you're getting used to turning things over, taking losses as they present and still holding your winners. Most new traders grab money off the table as soon as it presents itself and hold their losers, hoping for a turnaround.

Do the unrealized winners have further upside? Or is it time to cash in? When/how will you know?
 

I am hoping my winners have further upside, my exit is based on a trailing stop. The stop is something I wrote myself which is a combination WMA and ATR. It also includes checks later on to trigger an exit if the trade is going sideways or if the price is gapping down.

I just run an explore (AmiBroker) on my portfolio/watchlist EOD, it spits out my new stop values and alerts me if I need to plan an exit or if I am within a couple of % of my stop and I need to keep my eyes on the trade.

Stops are triggered Automatically by Commsecs Conditional Trade system (I don't really like it) , but I am in the process of Setting up an account with CMC Stockbroker hopefully their system will be better.

JJZ
 

Sounds good. CMCs conditional orders are pretty handy as they are. In the recent ASF/CMC survey I requested a few additional features to them which would make them outstanding (imho). I'm keen to see if they apply them.
 
You must log in or register to reply here.

Similar threads

May DDD 2025
2 3
Replies
56
Views
9K
ducati916
August 2025 DDD
2 3
Replies
54
Views
7K
ducati916
November 2024 DDD
2 3
Replies
53
Views
10K
ducati916
Fun with ChatGPT
2
Replies
24
Views
4K
SirRumpole
R
OPEN - Opendoor Technologies Inc (NASDAQ)
Replies
2
Views
1K
peter2
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...