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EXECUTION Day Trading Stocks : Progress Thread

Dreamon988

New Contributor
Mar 30, 2013
18
4
2
What was your parents reaction?
 

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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Care to explain why you entered at that point?

It looks like a break below the open price was a good short - there was a nice wedge with a flat level there, as well as that big rejection bar (the 2nd bar of the day)... curious what you saw when you did enter that you liked?
I believe that the starting price is the most important indicator of all.. If price is above starting price, I only think about going LONG. If price is below starting price, I only think about going Short. So in that case I was looking to go LONG when it shows nice bullish bar with heavy volume. However nothing really showed up until 9:43 when it went below starting price with huge bearish bar with nice volume



What was your parents reaction?
I keep it secret :)
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 10, 2013

Hello guys

I made 2 trades today

I bought at 1138.60 and sold at 1139.00 = 4 ticks
I bought at 1139.00 and sold at 1139.40 = 4 ticks

So I made 8 ticks x 35,000 won = 280,000won about $240

It is nothing compared to yesterday's gain, but at least I am following my own rules and did not lose any money!


http://img521.imageshack.us/img521/2853/4102013usdkrw.jpg


I decided to use old broker's charting software and use new broker for execution only.

now i have about 23.7K
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 11, 2013

Hello guys, I have made 2 trades today

I shorted at 1130.60 and covered at 1129.90 = 7 ticks
I shorted at 1129.50 and covered at 1127.80 = 17 ticks

Total= 24ticks = 24 x 35000 = 840,000won about $744

http://img9.imageshack.us/img9/6186/4112013usdkrw.jpg


Now I have about 24.4K

Just for what happened on second trade, I should have made more money, but then I made a mistake. Accidentally clicked buying it back so it got covered on wrong place. Anyways I was making money so it was alright, but I was surprised and disappointed.

Anyways I am up for today so I am good to go.
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 12, 2013

Hello guys

I did not make any trades today because USD/KRW Future expired this coming Monday (April 15) so it did not have enough liquidy; therefore, I will be trading next month's future on Monday.

Have a nice weekend guys!
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 15, 2013

Hello guys, I did not make any trades today because I had a family business to take care of and today is the day of future expiration. See you guys tomorrow!
 

Parera

New Contributor
Feb 5, 2013
10
16
99
27
Awesome Thread ! I'm trying to check it each time I do have any free time, the progress is great ! Good luck for the future :)

I have been trying Day trading, but only with Demo Account, I don't have enough courage to try it with my own money yet ahah !

Keep up the good work, The ferrari is worth it ! :cool:
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 18, 2013

Hello guys

I have made 2 trades

I bought at 1123.30 and sold at 1123.50 = 2 ticks
I bought at 1125.00 and sold at 1126.30 = 13 ticks

15 ticks x 36000won = 540,000won = about $480

now I have about 25K

http://img716.imageshack.us/img716/2770/4182013.jpg

I am happy that I am ahead of my schedule =)

my initial goal was to make 23K by April 22nd

By the way, does anyone know if I can trade USD/KRW Future via USA broker?
 

Jonleehacker

Gold Contributor
Read Millionaire Fastlane
Speedway Pass
Oct 31, 2007
1,856
1,129
614
Edmonton, Canada
You'd better have a losing day pretty soon or I'll start to think you're related to Bernie Madoff ;)

In my Thinkorswim account, there is a /KRW futures symbol listed, but when I enter it in, no data comes up. If I drill into specific contracts, like /KRWM3 a chart comes up, but there is virtually zero price movement or volume.
 

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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
You'd better have a losing day pretty soon or I'll start to think you're related to Bernie Madoff ;)

In my Thinkorswim account, there is a /KRW futures symbol listed, but when I enter it in, no data comes up. If I drill into specific contracts, like /KRWM3 a chart comes up, but there is virtually zero price movement or volume.
hahaha good one. I think I will start losing once brokerage start charging fees :)

Right now when I buy and sell at the same price I lose like $2.. almost nothing, but when they charge the fee it will be more like $38 (fee is about one tick + $2)
 

Nomad

New Contributor
Read Millionaire Fastlane
Mar 6, 2013
39
18
23
Hey bmw, thanks for sharing these updates. Wishing you success!
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 19, 2013

Hello guys

I made 3 trades today

I shorted at 1123.10 and covered at 1121.70 = 14 ticks
I shorted at 1122.00 and covered at 1121.10 = 9 ticks
I shorted at 1121.20 and covered at 1121.20 = 0 tick

Total = 23 ticks x 36000won = 828000won = about $730

now I have about 25.7K

http://img268.imageshack.us/img268/7079/4192013usdkrw.jpg

Couple things I need to tell you guys. I decided to use trailstop of 5 ticks for exit.

Why? because every tick that moves in favor of you, will reduce the risk.

I hope this makes sense.
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
I didn't realize that I am 6th place in terms of most views within 90days!

I didn't know that people are interested in Day Trading this much. Hopefully what I am doing helps.
 

Jonleehacker

Gold Contributor
Read Millionaire Fastlane
Speedway Pass
Oct 31, 2007
1,856
1,129
614
Edmonton, Canada
I made 3 trades today

I shorted at 1123.10 and covered at 1121.70 = 14 ticks
I shorted at 1122.00 and covered at 1121.10 = 9 ticks
I shorted at 1121.20 and covered at 1121.20 = 0 tick

Total = 23 ticks x 36000won = 828000won = about $730

now I have about 25.7K

http://img268.imageshack.us/img268/7...2013usdkrw.jpg
Curious about your first trade of the day here. Looks like you bought right at the open. All of your other trades have used the open price but waited for confirmation above that level, so what was different here that you sold right at the open level?
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 23, 2013

Hello guys

Yesterday, I did not make any trades cause I had personal business to take care of.

Anyways

Today was a boring day. No action except for opening bell trade

I shorted at 1120.00 and covered at 1119.00 = 10 ticks x 36,000= 360,000won = about $320

now I have about 26K

http://img845.imageshack.us/img845/5215/4232013usdkrw.jpg


Curious about your first trade of the day here. Looks like you bought right at the open. All of your other trades have used the open price but waited for confirmation above that level, so what was different here that you sold right at the open level?
Actually, nothing was different except I am now using trailstop of 5 ticks for exit so I can pretty much get into any position with less risk. From now on, my holding period for holding position will significantly be reduced. Now what I am doing becomes more like a scalping.

However, principle is still the same, I buy when otheres are buying and get out when other people exit
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 24, 2013

Hello guys

Take a look at today's chart

http://img546.imageshack.us/img546/4800/4242013.jpg

extermely boring no volume!!

No trade for today.

I have something to tell you guys today.

I started blogging in Korean language (same content as here, but in Korean)

However, one problem I see is that I felt very comfortable sharing earning information here, but in my blog, my friends and relatives do visit. Although they do not know the existence of this thread, but I am afraid they would find it.

So from now on, I will not be sharing earnings information, but I will share how much ticks I made.

As soon as I reach my goal, I will stop this thread.

I hope you guys understand :)
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 25, 2013

Hello guys

As soon as I checked S&P500, I knew that today would be another boring day because simply S&P500 did not move

http://img23.imageshack.us/img23/1066/4252013.jpg

check it out

I should have shorted on top arrow and cover at the bottom arrow, but I thought it would not make that much of a move. I could have made 7 ticks if I sticked to my original plan.

My mistake, but still I have not lost any money.
 

efcno1fan

New Contributor
Mar 20, 2013
19
5
12
Liverpool,UK
great post mate .....this thread has me looking for new updates every day

maybe you could start your own coaching course the way things are going :D
 

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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
great post mate .....this thread has me looking for new updates every day

maybe you could start your own coaching course the way things are going :D
Thanks, but I don't think I have enough knowledge yet to teach anyone, but I do not mind sharing strategies and money management etc.

I do not believe in coaching courses cause when you are successful at trading you should not make money from coaching courses. Trader should make money from trading not from teaching. Just my opinion
 

1step

Gold Contributor
FASTLANE INSIDER
Summit Attendee
Speedway Pass
Dec 4, 2012
895
1,851
571
Kentucky
Love the updates but being so new its like reading a foreign language, thanks learning a ton
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of April 30, 2013

Hello guys

Take a look

http://img7.imageshack.us/img7/1424/4302013.jpg

Opening bell trade did not go well today. I got filled at low price so I lost 4 ticks right away.

But second trade went well and made 8 ticks resulting 4 ticks net profit.

Of course, this is not huge compare to previous gains, but I at least turned green.
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of May 1, 2013

Today is South Korean labor day. No stocks, Futures, nothing!
 
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bmw335isedan

Contributor
Mar 20, 2013
79
57
45
Result of May 2, 2013

hello guys

Two days ago I went to Samsung Futures Corporation seminar. One of senior manager told people that the company profit is declining because recently, volatility went south. I almost told him that it is because I have not made much trades :)

I thought it was my own problem, but I guess everyone was having the same problem.

However, http://img855.imageshack.us/img855/6169/522013m.jpg

Today 17 ticks profit!!
 

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