Trading For A Living | October 2021 Recap & November Game Plan


Quick Info

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October Recap

  1. Choppy month
    • -384.81 (Day Trading) + 7,503.97 (swings) = $7,119.16
    • I got over excited.. we finally had big vol, I'd be a dear in the headlights and then fomo high.
  2. Profitable Day Trading Patterns by Ranking
    1. Frontside 2,120.86
      • 14.28% profit margin... giving back so much profits trading extended moves
    2. Ranging -1,594.43
      • Range trading messed me up once there was a good frontside
    3. Backside -911.25
      • Not really worth it again.. biggest % looser but not big size.

 

November Forecast

Day Trading

  1. Stick to frontside
  2. Scalp like no tomorrow when ranging

Swing Trading

  1. Dumpster dives
  2. Quick frontsides

 

Table of Contents
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FAQ

The overall trading performance for October 2021 resulted in a net gain of $7,119.16, with day trading losses offset by swing trading profits.

The main challenges included getting overly excited during high volatility, leading to FOMO and losses in range trading.

For November, the recommended strategies include focusing on frontside trades for day trading and engaging in quick scalps when the market is ranging.

The most profitable day trading pattern was the frontside, yielding a 14.28% profit margin, while range trading and backside strategies resulted in losses.

Swing trading performed well in October, contributing a profit of $7,503.97 despite the challenges faced in day trading.


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