After last week's emotional experience (See Week7 Blogpost), this week was a little different.
A quick recap for Week 8:
Bought $MAC on Monday, sold it on Wed for $HVN and $PXP.
Trade result: +1.09% trade gain, 55.6% allocation, +0.60% gain overall.
Bought $NOW on Tuesday's breakout at EOD and sold it on Wed.
Trade result: +12.53% trade gain, 24.8% allocation, +3.11% gain overall.
Day-traded $NOW and sold it w/n the day.
Trade result: -2.68% trade loss, 33.8% allocation, -0.91% loss overall.
Sold all $TUGS and switched to $HVN and $PXP.
Trade result: +4.69% trade gain, 53.3% allocation, +2.50% gain overall.
Holding period: 14 trading days
Bought breakout of $HVN and sold it on Thurs.
Trade result: +41.67% trade gain, 63.8% allocation, +26.58% gain overall.
Bought breakout of $PXP and sold it on Thurs.
Trade result: +4.57% trade gain, 74.9% allocation, +3.43% gain overall.
Feb 22, 2018 was really something, I didn't expect the market's uncertainty to be this rewarding. This is my first time to experience that amount of day change, w/c is more than my monthly salary:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhupGH2yIRnvaVCYUADsO-uRlJGwO59vbovR1Oo-BaX1TyyajVDFg95iFNCjzJT0iy-N9MnJiECvR6icvUIYOSB0rUPH_iIXz78bkq4dyLKQ33vDo1WKXS205FCiFI_xt3TKWVb45yiyZs/s640/Recess+-+02222018.png) |
Feb 22, 2018 Lunchtime Portsnap (Of course, wasn't able to sell at these levels) |
Actual day change on Feb 22:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsZz8-U0FozNf-1aD-4mDvpPQk3NPi3Pgl6d74ryT_hLW7H70JU80EH-HfATfnRMiKcTlLTtkRS245G8Aq0DHMqTVgGyaUzFWFKKsfEYZWGuR-wt1mAGrXC2h5YPij0Vpjzyh74HG4Yvo/s640/Day+change+-+02+22+2018.png) |
This 16k daychange is again, my first time. |
After selling all positions on Thurs, I decided not to trade on Fri and purge myself. This is to neutralize my state of mind and control the euphoric feeling. I want to eliminate the excitement, greed and superman syndrome. These were the emotions that affected my trading psych lately.
While on purge, I am pursuing my decision to switch brokers.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxXWyfyClyk0VdUwDQ3OeBe9h5GyfxwN_VqHEv8_4qI_j6Q6ozCUoaIyEGEUe-1iMo0EkgbIgrTbZsyLLu_AkH94n5XYk0iO3hzmi1Wp33hHRMovl-9kREMMlEMUqy-wuKyp4Tp4uYr7E/s640/COL+withdrawal.png) |
Goodbye, COL! 😞 |
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjM5jZu52jItO7Sf67uhs_hmKWajOPVXHtt4MmjceqVLAO6AjESXbywt0feX-4rbOcDlnQ40g-Z7FR-Ruq1xcl2o7aXPgLl-Nw2_t7yS9xvZDhib3oAf3t3HBEvvYTWq2tSIZS7tfvyD7U/s640/MakeTrade+Application.png) |
Hello, MakeTrade! 😉 |
Total trades for this week: 6 trades
Trading Lessons:
- Embrace market's uncertainty, be prepared on whatever the market will give and just react based on established trading system and intuition. (When I say trading system: the technicals, methodology, emotions and thought-process). Last week I encountered an error but this week gave me good winning trades. I wasn't expecting this to happen. My overall REACTION will really justify my trading result.
- Learn to troubleshoot emotions. We can't control the price movement of the market. What we can control is how we handle each situation. Find a quick remedy whenever there's #FeelingExcited, #FeelingGreedy, #FeelingSuperman and especially when negative emotions arise: Fear, Hope, makabawi-syndrome, feeling sad, etc.
- Learn to switch losers/laggards to potential winners. I've been holding to TF trades lately and just watched some high-flyers:
- $HVN on Jan
- $ECP on Jan
- $NOW on Jan / Feb
- It's okay to miss these moves but when that opportunity comes again, I want to make sure I am READY to RIDE that move.
Port snap end of week:
Current account equity value is Php 170,344.65.
Port is now up +57% from initial port of Php 108,000.
The pressure is ON.
It's only week 8 of 2018,
9 weeks 'till April 30, the end of #Uptrend2018 challenge.
There's still 44 weeks to finish 2018.
I am writing this to be aware. I don't want to be complacent and do something stupid. I am writing this to challenge myself ahead. There's still more to happen.
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EDIT:
Here's my trade stats as of current:
I don't have the ZFT excalibur, I only have RAVEcalibur (hehe)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipX2rageyGOMDXbr_-8h7vG5cs_HKCYx77c__MbrwAWMdVbhZjDhNfFcFhqT7pvIvW1AN2wXWhUbg5wr_dMhZ2Vob2Nmv7CEM8b-M_D5OpfFcFn2IWQKjZBoIj0gvBE4o87-gAzHrSRTc/s1600/Trade+Stats.PNG) |
Overall Stats as of Feb 24, 2018 |
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhixm907lRVvDtRyD9YbXixZ_KmgCluvUQiDGo3BzszN8NWMcFKY2RrcvrR5zwuK1lztxPPa_EBROW2UQPGgsvYbSlZ0YH6VgML2zBla2bAyiIaUMZgY8OlGlE-M1wDpvz8UCWJTnrtYeE/s640/Trade+Journal.PNG) |
Trade Journal as of Feb 24, 2018 |
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More to follow.