Simple & Profitable Trading

[JCP123]

Hello All,

Welcome to my trading journal. I started trading in the stock market close to 10 years ago. After a few years I moved everything to Forex. I had my ups and downs trading both. I currently trade Forex, but am also starting back with stocks. I am finally a successful trader and am confident in myself and truly enjoy the process.

I will be posting my trades and my account progress as I go, feel free to chime in at anytime. My strategy is very simple and rather boring, but I do love to talk about trading. I will talk more about my approach in following posts.

Looking forward to this.

Best,

JCP

 

[JCP123]

Starting Account Balance

Starting balance on March 31, 2014:

$3,878.00

 

[JCP123]

Position 1 (1A)

Ok, here is my first position. I fill in the details later, but for now here's a screen shot and other trade details:

AEGR
Long 50 shares: Mar 31, 2014
At: $45.13
Commission: $9.99

 

[JCP123]

Position 2 (1B)

AEGR
Long 50 shares: April 10, 2014
At: $42.37
Commission: $9.99

 

[Trader333]

That is a lot of commission, who is your broker ?

 

[ffsear]

Hi JPC. Is that tc2000 you use for charting?

 

[JCP123]

Trader333, that would be Etrade. I've had the account for years, and it seems to have gone up a bit since I last traded stocks, I seem remember it being around $6.99 at one point.

ffsear, it's actually freestockcharts.com. My entries are not exactly pinpoint and are generally meant to be held anywhere from days to months.

I hope to post some of my thoughts and my approach over the weekend.

Best,

JCP

 

[DionysusToast]

Commission should be a dollar, not 10 dollars.

That's a spanking on commissions.

 

[JCP123]

Closed Position 1B

AEGR
Long 50 shares: April 10, 2014
At: $42.37
Commission: $9.99

Closed 50 shares at 45.48 for +$175.48 after commissions

1A still open

 

[crapola]

Yeah, can't take a dude seriously if he's paying 10 bucks a trade.