Day Trading Diary, page-31

and on that note, here is the summary for trading at 12/10/2015


Now that I am focused on entering into stocks that give a positive return for the day, I am more focused on the 'open and close' column of the maximal possible gain column. At the moment, my odds of getting a +ive stock is at 1:1, which is not that great; for every one stock that gains, I have another stock at a loss.

Also, what is coming out of this is that I lose a lot in brokerage. If it was 0 commissions, I would've been in the positive and wouldn't mind entering into 0% gain stocks. But now, they are costing me.

So, the reason why I am now reverting to my strategy above (2 stocks in breakout) is that I am trying to maximize my chances in entering stocks that will likely end the day positive, while minimizing the amount I diversify to an acceptable level of risk.