First Day Back

Al's picture

Today was my first trading day back after a minor outpatient surgery. Nothing more humbling than sitting on a table having your insides scraped out. I was awake during the procedure, so I took this opportunity to meditate on my trading strategies. It did not take long before the bright surgical lights began to give me some new ideas on how I can improve my performance. First off, I do not need to use a lot of money to make money. The only thing I need to make sure of is that I do not have huge down days. This is my new found purpose. Losing days are unavoidable, I just have to keep them in check.

Well today wasn’t all that great, made a whopping $50 bucks, but more importantly, it is my fifth day up in a row. I didn’t have any real homeruns today, and I should have been up much more, but a late morning blunder costs me a $100 bucks.

Below is a snapshot of my day trade on UNIF. The stock ended going much higher, but I was able to get out with a decent profit in a few minutes. I am still working on divorcing myself from chasing big gains, because it’s all about consistency and small gains.

UNIF: UNIFUNIF: UNIF