Fitbit Trading Journal

[Oscar Reed]

Aus Shares in the Iress System

I just follow these shares.

ANZ - Australian and New Zealand Bank
ASX- Australian Stock Exchange.
BHP - BHPbilliton
CBA - Commonwealth Bank
RIO - Rio Tinto
WES - Wesfarmers

They offer good daily movement on most days.

 

[Oscar Reed]

Goodbye my Lover

Was collecting daily market data in excel, would compare market variance.
Not looking or using it now.
Still will hedge, but will be more of a judgement call which I'm doing now.
Can also chart it if needed, but won't be going down that road.
In writing now, goodbye my old friend.
The journey continues without you.

 

[Oscar Reed]

20,000 steps

15.45km and 4,012 cals

 

[Oscar Reed]

Weekly

Now with weekly reporting seems to keep me focused with the tail in the game.
Have decided on some future with the Iress account.
Account is a mess, so will take time to get it right and going.
But knowing where to take it, gives me a smile and something to work with going forward.
Have added screen shot of iress account, best I can do with no trade history apart from daily e-mail.
Will put Saxo statement and iress screen at month end now going forward.

 

[Oscar Reed]

Trading and Exercise

Not trading full time at the moment, but have in the past.

Currently working in the office(accounts) 3 days per week and 3 days in the stores area of a manufacturer company.

With the fitbit reading I'm doing under 2,500 steps in this period for the office.
But in the stores area doing 10,000 to 12,000 steps in this period.
Store over 10.5 hours and office over 9.5 hours.

If you sitting there over a long period trading and also have poor food and drink choices.
It's not going to help the mid range area and the ability to focus.
Keep a glass water next to the PC.
Buy a resistance band or kettle weight and do a 5 minute or shorter workout.
The kettle weight is a great short cardio workout.
Plus walk everyday or run if that is your thing.

No guarantees but hopefully exercise can help make you a better trader.

 

[Oscar Reed]

Show your Hand Mr Market

Talking ASX only.

Seem to get strong defined levels(S/R) after Monday and Tuesday morning session.
Gives you something to work with for rest of the week.
Just need the patience not to jump the gun too early at the start of the week.
Also not saying that I won’t trade the early part of the week.
Stop now.

 

[Oscar Reed]

Double Crossing Market

Talking ASX only.

Seem to get strong defined levels(S/R) after Monday and Tuesday morning session.
Gives you something to work with for rest of the week.
Just need the patience not to jump the gun too early at the start of the week.
Also not saying that I won’t trade the early part of the week.
Stop now.

Just when you think you got this game mastered.

Mr Market holding back a set of Aces under the table for Wednesday and Thursday.

I get him back on Friday:whistling

 

[Oscar Reed]

Wookly

Given too much time to make decisions this week.

Just take it or manage it simple.
Weekly reporting helping, but iress needs a lot of help.

US rally on Tuesday undone or did not help both accounts.
Managed to control Saxo, but not Iress.

 

[Oscar Reed]

3K Account

Looking at setting up a 3k account to run along side the other two accounts.
Account will also be a swing account because of working and time restraints.
Will update when set up.

 

[Oscar Reed]

CMC Markets

Gone with CMC, they allow fraction orders.
There charts don't look great, but deal tickets seem okay.
Don't think that you can place orders on the chart, shame.
Would have rather gone with IG but order size is a bit big for 3k.
If scalping would have been fine, but with this swing trading CMC seemed the go.
Also had a look at Axi trader and IC markets.
Will update more after using.

 

[Oscar Reed]

3 Accounts

Third account added and running.
Funny yesterday was away from the markets for about 6 hours during the day.
And it was hard to know where to look first when back at the PC.
Time and experience will help.
Have also added CAC 40 to the mix.
And removed NZD/USD and GBPUSD.



Think once in the rhythm should take 10/15 mins.
Only need to check open and pending orders and close or adjust.
Might need to spend more time on big moving days.

It's just getting into the flow.

 

[Oscar Reed]

Swing Size

Size rules in play for everyday trading.
Rules will be broken when I see fit to take a chance.
Size will be reviewed. moving forward.

 

[Oscar Reed]

The Weekly

First week with 3 accounts running.
The SAXO and iress accounts suffered this week.
Spent more time with the CMC platform.
Changing the system layout 2 or 3 times, seem to be okay with it now.
Not great charts, but the fraction orders are great with a small account size.

Signs that my flow with the AUS shares is starting.
Need to be able to hop out of bed and know the highs and lows for the last 5 days.
Just not at that flow level yet.

Coming up to month end so be interesting to compare Saxo and Iress from the end of last month.

 

[Oscar Reed]

Sunday Is

The day I load the orders for Monday and maybe some fills for later in the week.
Sometimes a big move on Monday makes them later week orders void.
Most Sundays take about an hour to load this.

With the Iress platform can not load orders over the weekend.
So either load late Friday, or work lunch break on Monday.
On an I-pad which is not great for creating but okay to modify.

 

[Oscar Reed]

CMC First Week

Just quick look at trade on CMC for last week.
Was a mixed bag, have attached statement of trades.

Not sure what it tells me, or will help me next week.

Also trading US 100 on the platform.

 

[Oscar Reed]

Tuesday Is

Cancelling all those orders from Sunday after a big move on Monday,

And setting new orders for the week.

 

[Oscar Reed]

Defensive Game or Offensive Game

Became a bit defensive towards month end.
Trying to protect what I got for the month.
Not taking some trades and cutting winners too quick.
Something to look out for next month.
Need to work the full month, even if its means holding trades at month.
Even holding loosing trades.
Or should I carry on with the defensive play.

 

[Oscar Reed]

The beat goes on

Have closed the CMC account, just not for me.
Slow to load and close orders.
Don't offer orders being done on the charts.
This slows me down a lot and was getting lost with not seeing where my pending orders were.
Also hated there charts, not very clear.
Have attached proof and 35 dollars for a couple of weeks.
But good experience of a platform that did not suit my needs.

Still very happy with Saxo markets and starting to like Iress
Maybe like is pushing the boat out a bit.

Looking at putting my 3k account with FXCM, will update.

 

[Oscar Reed]

September

Numbers for last month.
SAXO ticking along and Iress still a mess.

Still all swing trades, spending 20 to 30 mins each day broken into 4 checks.
And one hour max at the weekend.

Not keen on the FXCM platform.
Had a look at tonight on demo.

 

[Oscar Reed]

Another Week & New Month

There is a light under the tunnel with Iress.
Feels a bit of wasted couple of weeks with CMC.
Saxo suffered a bit with this.
Also slowed trading with month end in the middle of the week.

Going to give FXCM a go, will update more during the week.
Once 3K account set up and running.