Friends. I know the photo shows "JOY". But we don't have any joy in our report to you though. Ugh on that.
I will explain as I show you what happened to me and my account yesterday.
The trading I was doing was not in my league. Account size is much too small.
I am glad that it happened to me now. If I didn't change my mode of trading.
Eventually my account would be wiped out completely. So today will be a day of new beginning for me.
In my sorrow yesterday. I forgot to save the results. That is OK. I can show you from my account.
T R A D E S C O N F I R M A T I O N S
NFA USD 0.20 DR Commission USD 58.00 DR AVERAGE LONG 2573.57500 AVERAGE SHORT 2572.37500
So what you see is commissions plus the tax total.
-$58.20
That is a lot of trading for that much in commissions costs.
Remember. I am showing my "live real account numbers" above.
Next I will show the "Daniels Trading: daily chart.
I have highlighted the trading day on the chart. The arrows are just to show the left side buys and right side sells.
That is not the actual number of trades on the chart. Just an indication of what and where.
Now I will show two of the trades.
P U R C H A S E & S A L E
DATE TRADE NUMBER MARKET BUY SELL CONTRACT DESCRIPTION TRADE PRICE CCY DEBIT/CREDIT
09-NOV-17 296307093 CME 1 E-Mini S&P 500 DEC 17 2566.00 USD
09-NOV-17 296206926 CME 1 E-Mini S&P 500 DEC 17 2588.00 USD
TOTAL 10 10 EX- 15-DEC-17 P&S USD -600.00 DR
The two trades showing above are just to show what it looks like on my account
So the total was minus (-$658.20) total counting commissions.
Some of you may remember when I restarted trading a few days/weeks ago.
I wanted my account size to be at least that amount when I make the needed and necessary changes to my mode of trading.
Good news on that. I have $4.39 dollars more in my account since the restart of a few days ago.
I look outside. It makes me wonder if all this trading is worth it. It is just for money.
True. I would like to have more money. But the sacrifice of time is to be considered.
Thank you for following along with me in my journey on Steemit and in my life.
I know that all the writing could be a little bit boring for you.
But that is the only way to explain what I wanted to tell and show you.
I will report each day as I try to learn to trade correctly.
It could be that I will have to give up trading.
And that would not be a bad thing. Ha
We shall see.
Francis