Trading Diary

[SeaHorseRacing]

no i meant that srsly. i was impressed with the showreel. no snarks i promise

Yes, thats right. But thank you for you kind words
Its great if you land a role in a soap or big film but its tough being a jobbing actor always out of work so I am pursuing my other passion which is racing.
Been a few years now. Having kids too young kills the dream haha.

[ruthlessimon]

no i meant that srsly. i was impressed with the showreel. no snarks i promise

Its great if you land a role in a soap or big film but its tough being a jobbing actor always out of work so I am pursuing my other passion which is racing.

completely understand that; a career in the arts is very similar top performing sportsmen. sounds great, but for those outside the top 50 life is bl00dy hard - & after the age of 30 ur discarded. anyway i digress

gl with the trading

[SeaHorseRacing]

These are the only markets that apply for me today and this is at a push maybe a few others I may decided not to look at.

[SeaHorseRacing]

Horrendus day for me.
I have learned so much about me today.
Woke up at 11am. No excercise or meditation.
Pounding headache allday, hungry, tired and pretty stressed.
Awfull second trade and I added more risk when it went further away, If I was focused I wouldnt have done that, however very happy with how I responded as although I should have stopped trading I pretty much kept a lid on things and didnt allow it to get out of control.

Anyone says that trading isnt mind games they need to think again.
I should have made £20 today on small stakes.
Grateful for the day as it is just another eye opener and if this happened last week I may have blown the lot.
Souds crazy but I think I have made real progress today, you may say different but I am sticking with possitive energy as I feel I have made a tiny break through.
And you know what I had a catrophic day and I am still in profit after 5 days.
9 losing trades and manage to still be in profit after 5 dyas. Achievement I must say.

Starting to click.

[Halliday]

Horrendus day for me.
I have learned so much about me today.
Woke up at 11am. No excercise or meditation.
Pounding headache allday, hungry, tired and pretty stressed.
Awfull second trade and I added more risk when it went further away, If I was focused I wouldnt have done that, however very happy with how I responded as although I should have stopped trading I pretty much kept a lid on things and didnt allow it to get out of control.

Anyone says that trading isnt mind games they need to think again.
I should have made £20 today on small stakes.
Grateful for the day as it is just another eye opener and if this happened last week I may have blown the lot.
Souds crazy but I think I have made real progress today, you may say different but I am sticking with possitive energy as I feel I have made a tiny break through.
And you know what I had a catrophic day and I am still in profit after 5 days.
9 losing trades and manage to still be in profit after 5 dyas. Achievement I must say.

Starting to click.

Pleased your still doing your diary ,and sorry you had a bad day.

looking at you P/L I notice you had your biggest loss(£10.59) followed by your biggest win (£3.99) since you started with your £50 .
Then a bit later lost £3.09 and won£2.69.
How much did you trade to lose the £10.59, and on which horse

The patterns does look like your chasing your loses

The words you use describing your and in previous post are so negative...Stressed,catastrophic,awful, and similar in other posts

Just remember your trading with a £50 ..which can in no way replicate your emotions or actions if your trading in much bigger sums.

I think you spend far too much time thinking about trading...the best trades/traders in my opinion keep it simple and it comes naturally...and enjoy it

Theres nothing in your post that indicate you find it an enjoyable process...its supposed to be liberating...freeing you from the 9-5 routine.

if you strees and think the way you do,it is not for you

you need to completely rethink the whole process...or use automation,,, or youll end up so depressed

[ShaunWhite]

I am still in profit after 5 days.
9 losing trades and manage to still be in profit after 5 dyas. Achievement I must say.

Starting to click.

Brilliant progress..loving that PMA. Good job SHR

[SeaHorseRacing]

The way I trade is for example the big loss was a very short priced favourite.

When the odds are short I am using batches on £12.50. And I added it upto £50 but with such small odds with my bank the risk isn't so bad.

The way I traded I never chased my losses.
If I feel confident I add more to a good position however today I added more to a very good position but I failed to scratch the extra batches immediately that's why I had the £3 loss.

I always always open a position with a small stake.
So I can see why you think it looks like I'm chasing losses but I wasn't I just failed to do the right thing on a few trades.

ShaunWhite- thanks mate. Definitely learned a lot today.

[SeaHorseRacing]

If I chased my lossess my last 4 trades would have been huge as I lost all 4. You can see that they were all pretty controlled small losses.

[Halliday]

The way I trade is for example the big loss was a very short priced favourite.

When the odds are short I am using batches on £12.50. And I added it upto £50 but with such small odds with my bank the risk isn't so bad.

The way I traded I never chased my losses.
If I feel confident I add more to a good position however today I added more to a very good position but I failed to scratch the extra batches immediately that's why I had the £3 loss.

I always always open a position with a small stake.
So I can see why you think it looks like I'm chasing losses but I wasn't I just failed to do the right thing on a few trades.

ShaunWhite- thanks mate. Definitely learned a lot today.

I'm assuming you referring to Theatre Territory which won .. How much did you match on it , and do you " red" out or let it go in play ? Do you keep snap shot if your losing grades etc .

I applaud you for sticking at it and trying to put a positive spin on the day ...and hope you do succeed. But I honestly can't see you have made any progress given your original aims ..

Leaving aside the emotional side and you difficulty in shaking off the gambler in you ..What advice or help do you think you need ...to improve your trading . Because if you are at the stage you are now after over 14 months I( and attending Peters Course) I honestly can't see you making it your primary income.or making a success if it

Sorry if that sounds harsh , but like others have said , so many come on here and post their journey and convince themselves they are going to make it ...but the facts ( as in your case ) point the opposite .

In your initial post you said there were no "exceptions " to your plans . Then turn them upside down.

So in terms of " nuts and bolts " information to trade profitably what help do you need ?

[SeaHorseRacing]

I layer it for £12.50 then again for 12.50. Large order came in and I was in the red a little.

I could see the immense pressure and thought it would drift, the priced stalled for a bit so I added another two £12.50.
Another large order came in and it was so short I just didn't think it could continue.

I never let a trade go in play from poor disciple.

[kerberus]

SHR - Illegitimi non carborundum is a mock-Latin aphorism meaning "Don't let the bastards grind you down". (wikipedia)

P&L.PNG

As my dear old Daddy used to say to me. I hate workin' thru' lunch - just makes me

Until I

[ShaunWhite]

But I honestly can't see you have made any progress

Whoa Halliday...that's harsh....and I totally disagree.

As they say about poker....."5 minutes to learn and a lifetime to master". Trading is the same and everyday is a step forward in one way or another.

[SeaHorseRacing]

SHR - Illegitimi non carborundum is a mock-Latin aphorism meaning "Don't let the bastards grind you down". (wikipedia)

P&L.PNG

As my dear old Daddy used to say to me. I hate workin' thru' lunch - just makes me

Until I

Well done mate. Great result considering the one dodgy race.
Really pleased for you.

[SeaHorseRacing]

But I honestly can't see you have made any progress

Whoa Halliday...that's harsh....and I totally disagree.

As they say about poker....."5 minutes to learn and a lifetime to master". Trading is the same and everyday is a step forward in one way or another.

If it's a genuine thought I am open to anyone's opinions and have no problem with it.

I won't let negatively get me down anymore.
I'm happy,

[Halliday]

But I honestly can't see you have made any progress

Whoa Halliday...that's harsh....and I totally disagree.

As they say about poker....."5 minutes to learn and a lifetime to master". Trading is the same and everyday is a step forward in one way or another.

Wasn't meant to be harsh .. But if you read the thread from beginning to end there does seem to be an element of SHR deluding himself into thinking he has made progress. And it's not nice to see anyone losing money and believing he's making progress. And doesn't help anyone else starting out . Because surely the "trading journey " doesn't have to be as angst ridden as SHR

Its like watching one of those endless depressing episodes of EastEnders.. And I know the reality for most isn't like that

It should be liberating not all consuming ... There doesn't seem to be any enjoyment in what he does

And if you take out all the "angst, and emotions and over dramatisation . What are you left with ?

Someone Full of contradictions saying he's losing money


I know it means a lot to him but to go through the gamut of emotions he went thru today to trade a bank of £50. Surely that's no way to lead your life . It just seems unnaturally all consuming to him. Which isn't heathy almost an addiction