My Trading Stats (Live)

[nassarsyed 82]

Green day, walked away with $684.61. Overall $1364.61 Green for the week still. 

Limited to 6 trades, 4 winners, 2 losers - 1 was actually a very small position of 100 shares...

How I did per process guidelines today (RULES)

Rules for this week

• Trade 2 - 5 trades - Did 4 - Score 100%
• Get out when you have Green or Respect Daily Limit- Done - Score 100%
• Good setups with Good R:R - 1 error  - Score 90%
• Use proper scaling to exit - No, left serious money on the table with MU- Score 70%
• Trade only 9:35 to 11:30 - Done - Score 100%
• Trade mostly shorts - (Done, took some longs still) - Score 80%
• size appropriately - No, should have sized up on the A setups. (MU)..  - Score 80%

OVERALL SCORE TODAY: 88.57.74% (A-)

Report Card

Trades: A-
Process: A-
Overall: A-

=============================

Detailed Report

Stocks Traded

Notes

Good Day, Process and trades I am happy with. I had mostly my A setups except one mistake on WBA, got caught up in the chat room where it was being called out, did not look, jumped in....

I also had a nice Gap-n-Go today, overall I have been positive on this strategy so will continue to trade, maybe not in the live accounts..

Tomorrow I trade very light perhaps a 100 shares only, max loss of $150 and no Gap n Go. I am sitting tidy up $1364+ in the green for the week. Want to have a nice long Canada Day weekend.

Edited June 28, 2018 by nassarsyed

[nassarsyed 82]

Simple rules today for a stress free day

1. Trade only mid floats. No Gap N Go low floats

2. Reduce Share size

3. Max loss of $150 today

4. Only grade A shorts

5. All other Rules Apply

[nassarsyed 82]

Traded like a JackAss - total loss of focus. This was 100% due to Psychology, I knew I would trade badly from the beginning. I was focusing on Mid-Floats however kept getting distracted with low floats..., this is stupid.

Anyway, limited loss to -$50, had a max loss of $150 today but knew I was trading badly, so stopped.

Overall for the week $1314.61 Green do good, could have been better. I will post analysis later for the weekly and monthly performance.

 

How I did per process guidelines today (RULES)

Rules for this today

1. Trade only mid floats. No Gap N Go low floats - 100%

2. Reduce Share size - 100% (250)

3. Max loss of $150 today - 100%

4. Only grade A shorts - 50%

5. All other Rules Apply

 

OVERALL SCORE TODAY: 87.50% (A-)

Report Card

Trades: C-
Process: A-
Overall:B-

=============================

Detailed Report

Trades Today

NOTES: Need lots of work on Psychology, not gonna go live without fixing this first. Total Screw up on NKE today which should have been a big win. 

Edited June 29, 2018 by nassarsyed

[nassarsyed 82]

Weekly Performance Stats : Up $1361 for the week in the Green. 2.08 factor with 58.7& winning trades. 

 

[nassarsyed 82]

Okay, this month of Simm trading (trading now 4 months). Net P/L of $9191.44, that is a return of 36.76%

My Profit factor stayed at 1.72 with a win rate of 60.2% for the 30 days

Last week, I scored a Profit Factor at 2.08 and a win rate of 56.7% Which shows I was consistent.

I am not going to list all trades as I have already done them in previous posts in this thread, nor am I going to post an elaborate analysis. I have been micro-focused and religiously detailed journaling last month and have filtered down to a few core rules:

1. Honor my Daily Stop Loss $, Daily Max Give back % and weekly Give Back %
2. Play only my A & B Trades
3. Once in a trade, intelligently trade with scaling to maximizing possible profits and leave less money at the table
4. Size appropriately, play small on regular trades but go max risk on A and A+ Trades
5. Limit FOMO and hence over-trading and keep it to a max of 3 symbols for the day

On Psychology

1. Stay calm, confident and consistent
2. Consistency is measured on a weekly and more importantly at a monthly level
3. The Next trade is based on its own merits and setup criteria and has no bearing on the previous one 

I am happy at this point, My target was consistency in profitability and not making large $$. I will continue at this stage and try to find more of the plays I do best and play them larger. Once I have them mastered, I will move on to finding other edge plays.

About Low Floats: I will continue to play these, although at smaller size especially Gap-n-Go. These have a place in my playbook and I have done well, but I will need to catalogue their results in a separate score-card as their rules are different.

Here are my Stats for the Month:

Edited June 30, 2018 by nassarsyed

[Kar W 11]

Thank you for taking the time to document all this, nassarsyed.  I am a newbie here and getting ready to start SIM.  Reading your posts really helps my education.  Cheers.

[nassarsyed 82]

1 hour ago, Kar W said:

Thank you for taking the time to document all this, nassarsyed.  I am a newbie here and getting ready to start SIM.  Reading your posts really helps my education.  Cheers.

You are most welcome, it helps me tremendously and open to hearing advice and feedback. We all need to look after each other.

[nassarsyed 82]

Traded like a total jack-ass today...

First of all I woke up late, don't know why, I woke up at 7:00 than fell back asleep, to wake up at 9:35 am..., missed the prep. I also jumped all over and missed the ORB D on DVMT and also sized a late chase wrong.  I ended the day +$300 but it was pure pure luck.. This would have been a good day...

As fas as Notes and today's score card, I won't even bother, its a resounding F.

 

Edited July 2, 2018 by nassarsyed

[nassarsyed 82]

Markets close today at 1:00 PM EST day before Independance Day. 

Should be interesting to see how liquidity and all play out. 

Will take smaller sizes today. 

[nassarsyed 82]

Green day, walked away with $1300.00. Overall $1605.00 Green for the week. 

Limited to 6 trades, 4 winners, 2 losers - 3 were Low Float and 3 were mid-float

How I did per process guidelines today (RULES)

Rules for this week

• Trade 2 - 5 trades - Did 4 - Score 100%
• Get out when you have Green or Respect Daily Limit- Done - Score 100%
• Good setups with Good R:R - 1 error  - Score 100%
• Use proper scaling to exit - No, left serious money on the table with MU- Score 80%
• Trade only 9:35 to 11:30 - Done - Score 100%
• Trade mostly shorts - (Done, took some longs still) - Score 100%
• size appropriately - No, should have sized up on the A setups. (MU)..  - Score 100%

OVERALL SCORE TODAY: 97.14% (A+)

Report Card

Trades: A-
Process: A+
Overall: A

 =============================

Detailed Report

Stocks Traded

Notes

Good day per process. I found the trades and market easy to read today. Perhaps because of before holiday. The negative was that I saw several trades today that I could have taken and doubled, walked away green. I guess I need to work on the The last trade does not have bearing on future trade. I have + $1600 for the week, tomorrow is a holiday, I am going to contain a weekly loss of $400 now and readjust EOD Thursday. Happy 4th of July All!!!

Edited July 3, 2018 by nassarsyed

[nassarsyed 82]

Gonna cool things down today, I am sitting on a $1605 profit for the week.

My give back today is a max of $400, will readjust for Friday EOD.

Will be very picky on entries today.

 

[nassarsyed 82]

Green day, walked away with $171.25. Overall $1777.00 Green for the week still. 

Traded 7 tickets - 5 on Mid float post 5 minute and 2 Gap-N-Go.

How I did per process guidelines today (RULES)

Rules for this week

• Trade 2 - 5 trades - Did 5 Midfloats - Score 100%
• Get out when you have Green or Respect Daily Limit- Done - Score 100%
• Good setups with Good R:R - 1 error  - Score 80%
• Use proper scaling to exit - 80%
• Trade only 9:35 to 11:30 - Done - Score 100%
• Size appropriately - Yes, Took small sizes, except trend trade on IQ which was A+ Setup - Score 100%

OVERALL SCORE TODAY: 93.33% (A)

Report Card

Trades: B
Process: A
Overall: A-

=============================

Detailed Report

 

Stocks Traded

Notes

Very difficult day, I think we lost volume so I am pulling out of trading early (10:14 am) - I am up $171.25 and up for the week, so I am good. I deliberately took small sizes today being shorter week..., It may all go up and everyone makes $thousands, but I am good. I am staying consistent which is the stage I am in.

I did not pay too much attention to trade entries and exits, can't be like that, I am still scattered and need to pick fewer trades and concentrate on them. Jumping around too much.

 

Edited July 5, 2018 by nassarsyed

[nassarsyed 82]

Looking for a stress free day. Keeping my daily limit to $450 today. Sitting on some nice green this week. Want to end well. 

Will be careful with size, entries and exits. 

Happy Friday all!

[nassarsyed 82]

Green day, walked away with $258.75. Overall $2035.75 Green for the week . Had a good week, will post weekly update later. Called it in early at 9:48 am, today not much happening. This was a gift, took really small sizes mostly 250 and 1 500 shares on IQ A+ Setup

Limited to 4 Symbols, 11 trades, 6 winners, 1 loser - 3.52 profit factor at 54.5% accuracy

How I did per process guidelines today (RULES)

Rules for this week

• Trade 2 - 5 trades - No - Score 50%
• Get out when you have Green or Respect Daily Limit- Done - Score 100%
• Good setups with Good R:R - 2 error  - Score 80%
• Use proper scaling to exit - No 80%
• Trade only 9:35 to 11:30 - Done - Score 100%
• size appropriately - Yes, planned small sizes, stuck to it. (MU)..  - Score 100%

OVERALL SCORE TODAY: 85% (B-)

Report Card

Trades: B-
Process: B-
Overall: B-

=============================

Detailed Report

Stocks Traded

Notes

Average day, I planned on going light, as I was up for the week. I took small sizes. If I had sized normally, I could have 2x or even 3x my 258 green take today. Anyways the week was good. Still lots to learn. Good profit ratio and success%

Edited July 6, 2018 by nassarsyed

[nassarsyed 82]

Week of July 2 - 6, 2018
==========================

Good week, only 4 days due to July 4th, walked away $2035.75 for the week, average $508.75 per day.

2.38 Profit Factor
51.2% Accuracy with 1 Scratch trade

Detailed Weekly Statistics

Notes

Lots of learnings, critical being:

• Walking away with Green is good, don't overtrade
• You don't have to trade on a day when it is not making sense, overall it balances out
• Sizing is critical

Opportunities

• I am still jumping in several trades and making stupid ones, need to filter them by half next week, this should help me improve my 51.25 accuracy, should be 65%+

Staying consistent in the green, moving to Live Trade next week.

Edited July 6, 2018 by nassarsyed