Week 8 - Market's Uncertainty

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:

Feb 22, 2018
Lunchtime Portsnap
(Of course, wasn't able to sell at these levels)

Actual day change on Feb 22:

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.

Goodbye, COL! 😞

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.

______________________________________________________________________________________________

EDIT:
Here's my trade stats as of current:
I don't have the ZFT excalibur, I only have RAVEcalibur (hehe)

Overall Stats as of Feb 24, 2018

Trade Journal as of Feb 24, 2018

______________________________________________________________________________________________

More to follow.