Bud Wiser's trading journey to $1,000,000..the trade journal

Tue, Sep 10, 2019 Total trades: 32 Total volume: 234 Closed P&L: $812.50    830 AM       Welcome to Tuesday!!!! The fight to beat Wall Street and battle to remain consistently in the green at the end of the day continues!!!  Believe it or not but this blog made it onto  the most comprehensive list of  Top 100 Trading Blogs  on the internet  !! Thats just amazing!!! I'm blown away!!!  here's the website: https://blog.feedspot.com/ trading_blogs/ I feel great today especially compared to yesterday. I have to hit the gym later today as I had an early morning appointment at the DMV for a new drivers license.     There is not any significant market moving economic news scheduled for today. So I'll just keep an eye out for some trump tweets or world macro news while I am trading today. Right now the markets are slightly in the red so we will see what the trend will be for the day.      the trade plan remains the same today. 1-2 tick s

Mon, Sep 9, 2019 Total trades: 27 Total volume: 138 Closed P&L: $412.50        Well today started off terrible for me. I woke up and just felt terrible. I'm not sure if it was something i ate or what. So I skipped the gym, didn't do my pre-market work, took some pepto, and went back to bed. When I got up I felt better but decided not to trade and just get some charting in. My head was a little cloudy and one of my rules is not to trade when i don't feel good. Well I had the perfect set-up forming right off of the 61.8% retracement so i decided to jump in and make a quick scalp. Bam..lost $200 in the matter of seconds so now I have to get my money back. Next two trades go the same way and now i'm down $425 or so. I have a personal daily loss limit of $500 which is 1% of my account so i set my stop at -$75 and went to work scalping 2 and sometimes 4 contracts for 1 and 2 tick moves. keep in mind that it is 345 Pm est at this time and I w

Fri, Sep 6, 2019 Total trades: 22 Total volume: 84 Closed P&L: $175.00 Survived Hurricane Dorian last night!! In all seriousness it didn't hit us hard in my town. We were under a tornado watch off and on, had some strong wind gusts and some heavy rain but that was it. I was prepped for the worst though!!! However, if you watched the news they made it appear the world was ending!!! I think the news is moving more toward fear mongering/entertainment than actually reporting the facts. but thats enough of that. On the news front at 0830 the Non farm payrolls came out and The U.S. economy added 130,000 jobs in August, fewer than the 160,000 economists expected, and unemployment came in at 3.7% as foretasted. Other possible market moving news is that Powell speaks at 1230 EST time. Hopefully Im done trading by then!!! Trading goals for the day are: trust my fib levels be more active charting the different swings stay patient and dont get suck

Thu, Sep 5, 2019 Total trades: 5 Total volume: 24 Closed P&L: $150.00 Futures on the main U.S. stock indexes were higher in response to news that the U.S. and China have agreed to new trade talks. ES broke through Resistance that price has been failing at since 2 Aug 19 so according to all of the technical analysis I've learned that now becomes support. Still waiting on this hurricane to get here..its the slowest moving hurricane yet. I feel pretty good today compared the past few days. Got some great sleep in. On the news front today private payrolls blew past estimates coming in at 195K vs 145K. So once again i am almost 100% convinced the media is trying to talk us into a recession. The other important news is the ISM Non-Manufacturing/Services Composite (AUG)coming out at 1000.  For trading today the goal is to really focus and get in as many scalps as possible. Also i want to hit a good swing off of fib resistance or support. So fa

Wed, Sep 4, 2019 Total trades: 2 Total volume: 8 Closed P&L: $100.00 ok I'm back to journaling my trades!! Labor day weekend was a rough one for me partying wise. I missed the gym today mainly due to laziness. We have a hurricane barreling down on us so I figured I would miss the rest of the week. Not sure if that is a good excuse but whatever. For trading today on the mental side i was a little cloudy and tired today. Had a hard time focusing solely on my charts. On the news front today, the big issue was that the trade war with China had positive news about getting settled soon but we will see what comes to fruition. With regards to my trading i got 2 scalps in today. Could have got in a lot more but just didn't focus well. There were some times that I second guessed my self and the trade just went right past me. Will work on that tomorrow and Friday. Here are my charts. the first one is my EOD trading view chart but i set the levels

Wed, Aug 28, 2019 Total trades: 3 Total volume: 12 Closed P&L: $-50.00 Ok i am wiping yesterday out of my mind and get back to trading the right way. I got to the gym and had a great workout!!! There is not any significant market moving economic new scheduled for today. The big thing on the macro side is the yield on 30-year Treasury debt fell to its lowest ever. The British pound dropped on reports the government may suspend Parliament to force through a rapid exit from the EU. Trade plan for today is to trade 2 contracts on the ES off of support and resistance and within the OB/OS guidelines and in the direction of the higher time frame. Here are my levels: Man... end of day here and nothing seemed to work out for me today. I felt a little lost for some reason and would miss some pretty good setups. Not sure what is going on with me but I will fix myself tonight!!! i think I was a little apprehensive to take a trade from what happened yesterday