Yeah, one of the trades I lost today was an emotionnal one.
I might have to invest less time in trading because of my studies, I have sooo much things to do 
I was told this can apply to other markets.
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I have been told, there are not traders at my uni… it will be harder finding a mentor. I will probably try finding a stock trading mentor this summer when I’ll have finished my classes…
I will probably ass limitless 1-2 loops per day to boost my productivity and learning, it will be useful for my studies!
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For the people following my journal. Thank you for being there. Thank you for the time you spent reading me and replying to me. Helping me, it really means a lot to me in these darker times.
Sincerely,
WT
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Oh yeah! Yesterday one of the swing I had bought last week finally faid off, it went up by 13%! So I made 130$ on it. I haven’t sold it yet, there are good chances that the swing continues, anyway I’ll see how it goes!
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Nooop not at all my friend! I should check out his sub!!
Made another 70$ today with GNDP on the TSX, haven’t sold, I think it will grow more 
. Yesterday, I had made money on NOU!
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You are like the Terminator of the markets!
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Hahaha, in my group someone called Gamestop before it soared, I didn’t got it, usually I invest on the Canadian market because my account is in Cad 
can’t wait for my platform to support USD account!!!
Did you see the guy who turned 50k into 22 million of off gamestop?
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No Hahaha but I imagine there are some people who really likes gambling 
.
I just don’t really like thinking about it because it can make me in a FOMO mindset…
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Sooo, I had my physiotherapy appointment this morning, and when I came back to check on my trades, they all had dropped and hit my stop loss…! not so cool! Lost 600$ this morning, some of it is lost, some I’m still in and it will goes up!
Guess that’s part of the learning curve! I’m only one month in hahaha
Oh and, I’m at a student clinic, which means the people making me do some exercices are student. The girl who is matched with me, she is cuute af hahaha
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Yeah I woke up to a pretty devastated account. This whole wallstreetbets rally is really fucking with things, I support the movement but damn my positions are hurting for it
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How are you figuring your risk to reward ratio on each trade?
So I’m not totally sure what it is you’re asking but I’ll try to answer:
- I make sure that any given trade doesn’t risk more than 1% of my account
- If a trade is doing poorly then my stop-loss exit point is (typically) when the contract position loses 50% of its value
- If a trade is doing well then my exit point depends on the technical analysis and where the “run” shows signs of pulling back
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I actually took the occasion to purchase more NGA and more Clsk which are two long terms stock I really trust. Trying to see the upside, but men hahaha
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Yeah, today was a really good day to buy “discount” stocks. I didn’t open up any new positions because I would’ve been playing too emotionally, everything that I’m in has an expiry date of more than 30+ days so I’m still in them all for the long(ish) haul
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Yep, same here, I got two position that hit my stop loss and I took that money to invest more into some long term position which were pretty cheap today!
I don’t like the confinement, because it makes everything more “focused”, like my trading is my whole life. My studies is my whole life, because I don’t meet woman, I don’t see my friends as often and such.
First, I think all 3 of those are all important considerations.
Is this based on where you put your stop loss?
Example: Your account is 1000 Euros. You enter the market in a buy position, and place your stop loss such that if you get stopped out (market goes down), you lose 10 Euros.
Risk to reward ratio:
You look at support and resistance. You are wanting to be in a buy (long) position. The next major line of resistance is 100 points away from the current market price. You decide to place your stop loss at a major position of support which is 25 points away from the current market price. Therefore, if you got long at this current market price, your risk to reward ratio is 1:4
Remember this is about planning and theory. You may not know if the market will actually get to that place at 100 points away. I’d want to check momentum indicators, trend indicators, and Fibonacci areas.
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I’m guessing you’re using a momentum indicator.