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Day Trading Pre-market Open – 11 Apr 2019, page-26

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11/04/19

08:27

Post #: 38090017
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Originally posted by rick64 ↑

@mirren Thanks for the comments last night along with others. Viewpoint is certainly taking some getting used to, seeing it is my first ever "proper" trading platform. There is so much to learn. At this stage I am still keeping my commsec screen open for buys and sells as it is easier. Eventually I will be using Viewpoint for this. One thing I have noticed is that I do not get logged off if away for some period of time, as I did in Commsec for security reasons.
These are my trades so far from 20 March. CLI win. CLI win. EN1 win. LCK big loss. ISX break even. CLI win. EN1 holding at 4.3.
Keeping my trades to $800 atm so as to allow for 25% upside and keeping brokerage to $10 per trade. If I can make more than 25% on a trade who cares about brokerage lol. Averaging about +$50 per trade including brokerage and losses, so am doing a lot better than before I started educating myself.
Also am getting out faster, sometimes it is to my detriment, like in LCK, but overall I believe it is showing benefits.

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Good stuff Rick, starting off like you are with small amounts minimizing risk is a great way to do it. You can still learn from your losses, that’s where I’ve learnt my most valuable lessons, but when they are small losses no more than a few hundred it’s much easier to swallow than a few thousand.
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