So I thought June was a great trading month, little did I know July would be even better!
I entered the month with an account value of $12,687 and left with $19,768. $5,566.03 of profit was unreal! Oil breaking down + my love for trading US Air (LCC) = my most profitable trade at $2,020. My really big trades would’ve made July an even better month if they weren’t accompanied by some large losses. Airline shorts and longs, in addition to financial shorts and longs made up the bulk of my trades, with large loss and gains going in both directions.
93 trades were made in July, which comes to $119.69 of average profit per trade. Much better than June’s $53.24 per trade (after commission of course).
So far August has been miserable, the number one thing I need to work on is loss management! The majority of trades I enter are good, but when the bad ones come, I’m not jumping out when I should.
My trading spreadsheet can be seen here. Your viewing of that information is for your entertainment only, and should not be used to guide your personal trading and/or investment decisions. In addition to all that SEC disclosure stuff, no making fun of my sloppy trades! 