Josh Dunn

Daily Recap: A Tough End to the Week with Lessons Learned

Today was another challenging day that extended my losing streak. I made a couple of costly mistakes, which led to further losses, even though there were some good opportunities in the market. This first week of the month has been rough, but I’m determined to come back stronger next

Sep 6, 2024

Daily Recap: Lessons from Another Red Day

Today was another tough one, with losses on both of my trades. I traded the same stock twice and ended up taking two losses, though my second trade was the result of a poor setup. Even though I lost today, I did walk away with some important lessons and kept

Sep 5, 2024

Daily Recap: Red Day but Staying Cautious

Today was a tough one, ending with losses on both trades. It’s always frustrating when the stocks you trade eventually move in your favor but after you’ve already been stopped out. I felt like I took both trades at logical entry points, but the setups just didn’t

Sep 4, 2024

Daily Recap: A Solid Start to the Month

Today was a decent day of trading, and I’m glad to have started the month off in the green. Although I only won one of my two trades, both felt well-considered, and I believe I had the right ideas in play. My winning trade was a bit of a

Sep 3, 2024

Daily Recap: Patience Pays Off with XRTX

Today was a decent day for me, filled with lessons learned from observing the market. I only traded one stock today but took two trades on it. I won one of those trades and ended the day with a profit of $44.00, bringing my account balance up to $1,

Aug 29, 2024

Daily Recap: Patience Pays Off in a Slow Market

Today, I took a much slower approach, spending most of my time watching the market. There weren’t many opportunities that fit my strategy, and while there were potential entries, most would have likely resulted in stop-outs. This led me to be cautious, opting to observe rather than trade impulsively.

Aug 28, 2024

Daily Recap: Missed Opportunities and Lessons Learned

Today wasn’t my best trading day, as I let potential profits slip away by not moving my stop loss aggressively enough. I ended the day with a loss of $22.26, bringing my account balance down to $1,035.90. Here’s a breakdown of what happened with my

Aug 27, 2024

Daily Recap: A Break-Even Day with Key Lessons

Today was a break-even day for me, marked by a couple of mistakes that kept me from turning a profit. I had the potential to close the day in the green, but a combination of moving my take profit too aggressively and taking a risky trade on a downtrending stock

Aug 26, 2024

Daily Recap: Lessons from a Tough Trading Day

Today didn’t go as planned. It was a slow trading day with limited opportunities, and many stocks didn’t perform as expected, even when supported by solid news. I ended up losing both of my trades, closing the day with a loss of $44.05, which brought my account

Aug 23, 2024

Daily Recap: Navigating Wins and Lessons

Today was another decent day in my trading journey, marked by patience and the continuing refinement of my strategy. Out of the two trades I took, one ended in a win, and the other in a loss. The day highlighted the importance of decisiveness in trading; hesitation cost me a

Aug 22, 2024

Daily Recap: Staying Patient and Steady Progress

Today was a solid day of trading, where I maintained my focus on patience and discipline to find quality trade setups. Even though I won only one of my two trades, I believe both entries were well-timed and aligned with my strategy. I ended the day with a profit of

Aug 21, 2024

Daily Recap: My Best Day Yet on the Live Account

Today marks a significant milestone in my trading journey—my best day so far on my live account. With patience and discipline, I secured wins on both of my trades, which not only added to my confidence but also brought my account balance above my starting point. I’m thrilled

Aug 20, 2024

Daily Recap: Lessons from Switching Timeframes

Today was a challenging day as I experimented with trading on the 5-minute chart instead of my usual 15-minute chart. The results were less than ideal, reinforcing the importance of sticking to what works best for my strategy. Despite the losses, I gained valuable insights into refining my approach, particularly

Aug 19, 2024

Daily Recap: A Profitable Day of Patience and Precision

Today was a strong day for me, marked by patience and discipline. I carefully executed both of my trades during the accumulation phase, successfully taking profits during the markup phase. Although I missed out on potentially larger gains, I’m proud of winning both trades and passing on weaker setups.

Aug 16, 2024

Daily Recap: A Tough Day with Valuable Lessons

Today was a challenging day in my trading journey, with both of my trades ending in losses despite being based on news. The key takeaway for me is the importance of trading only in clear uptrends and avoiding stocks that show signs of a downtrend. I need to be more

Aug 15, 2024

Daily Recap: Lessons Learned from a Challenging Trading Day

Today wasn’t my best day in the market, but it was a valuable one in terms of learning. My trades didn’t go as planned, and I ended the day with a small loss of $16.75, bringing my account balance down to $895.80. Despite the setback, I

Aug 14, 2024

Daily Recap: Testing a New Strategy with Decent Results

Today, I experimented with a new strategy recommended by _capitalhilltrading on Threads. This approach requires more patience and focuses on the 15-minute chart to find optimal setups. I was able to find some success, winning one of my two trades and ending the day with a profit of $46.15,

Aug 13, 2024

Daily Recap: A Red Day with Good Setups and Lessons Learned

Today was a red day in the market, but it wasn’t due to poor decisions or rushed trades. Both of my entries were well-timed and based on sound analysis; they simply didn’t play out in my favor. Despite the losses, I’m proud of myself for staying patient

Aug 12, 2024

Daily Recap: Lessons in Poor Entries and Downtrends

Today was a tough day in the market, marked by poorly timed entries and resulting in a red day. My biggest takeaway is the importance of ensuring that my entries align with an established uptrend and not at the beginning of a downtrend. This is a crucial aspect of refining

Aug 9, 2024

Daily Recap: Navigating Slow Markets with Precise Entries

Today was another good day of trading for me. The market was very slow for small caps this morning, and there were not very many opportunities. Despite this, I managed to capitalize on both of my trades today, focusing on finding solid entries which paid off well. I ended the

Aug 8, 2024

Daily Recap: Another Green Day with Lessons and Progress

Today marked another green day for me. While I’m still working on refining my entries, I made both an error and a successful trade. I’m improving at identifying opportunities but need to ensure the stock is still in an uptrend before entering. I ended the day with a

Aug 7, 2024

Daily Recap: Another Green Day with Lessons Learned

Today was another green day for me, though not without its imperfections. The market showed better conditions for small caps, and I focused on patiently waiting for good opportunities while refining my strategy. Despite a mistake, I ended the day with a profit of $15.00, bringing my account balance

Aug 6, 2024

Daily Recap: First Green Day on Live Account

Today marked my first green day on my live account! The market was quite sluggish at the open, primarily due to an overall downward trend. I stayed patient and allowed the market to settle before making a move. Given the limited opportunities, I only took one trade today but ended

Aug 5, 2024

Daily Recap: Learning from Late Entries and Tight Stops

Today added another loss to my streak, highlighting the need for better timing and patience. My entries were too late, and my stops too tight, missing the optimal moments to capitalize on potential gains. I finished the day with a loss of $27.55, bringing my account balance down to

Aug 2, 2024

Daily Recap: Staying Disciplined Amidst Tough Trades

Today was another challenging day in the market. I managed to stay disciplined, limiting myself to just two trades and keeping my emotions in check. However, my entry points were not optimal, and I attempted to play bounces on stocks that lacked strong rebound potential. By the end of the

Aug 1, 2024

Daily Recap: A Rough Start with Real Money

Today marked my first day trading real money with my $1000.39 account, and it did not go as planned. I overtraded, made poor entries, and chose low-quality stocks, which led to a significant loss. I let my emotions take over, disregarding all the lessons I’ve learned so far.

Jul 31, 2024

Daily Recap: Navigating Delays and Achieving Profits

Today was a standout day for my trading, despite facing significant delays on my Thinkorswim platform. The charts were lagging by 5-10 seconds, making it challenging to execute trades accurately. Nonetheless, I stayed patient, handled the issue well, and avoided moving my stop loss too early. My strategy today was

Jul 30, 2024

Daily Recap: Overcoming Chart Delays and Managing Stops

Today presented some unique challenges. My Thinkorswim charts were delayed by about a second or two, making it harder to execute trades effectively. I’m hoping this issue resolves by tomorrow. Combined with a busy day at my job, my trading was somewhat hampered. Despite these hurdles, I ended the

Jul 29, 2024

Daily Recap: Breaking the Losing Streak and Lessons Learned

Today marked the end of my losing streak. I focused on finding the right trades and setups, ensuring I was riding the momentum effectively. Although neither of my trades were particularly stellar, I managed to end the day with a small profit of $8.40, bringing my account balance to

Jul 26, 2024

Daily Recap: Lessons Learned from a Challenging Trading Day

Today was a tough day with a significant loss of $103.75. One of my trades slipped past my stop loss, resulting in a considerable setback. This marks another day in my losing streak, prompting me to consider exploring different strategies beyond momentum scalping. I might prefer something slower and

Jul 25, 2024

Daily Recap: A Day of Challenges and Learning

Today was another challenging day in the market for me. I focused on waiting until at least 10 minutes into the market open before initiating any trades, which I accomplished successfully. The small cap market, however, was quite slow, with low volume dominating the trading environment. I ended the day

Jul 24, 2024

Daily Recap: Learning from Early Market Volatility

Today’s trades didn’t quite work out as planned. I attempted to capitalize on the initial momentum but likely didn’t give the market enough time to settle. Moving forward, I’ve decided to implement a rule: no trades within the first 10 minutes after the market opens. This

Jul 23, 2024

Daily Recap: Mastering Patience and Profit

Today was a rewarding day, where patience and careful trade selection paid off. I’m pleased with my progress, especially in passing on trades that lacked ideal entry points. Ending the day with a $76.50 profit, my account balance now stands at $1337.27. Here’s a closer look

Jul 22, 2024

Daily Recap: Learning and Profiting in Small Account Trading

Today, I continued to use the 1-minute and 5-minute charts to seek out good trading opportunities. Despite making a mistake, I managed to turn the day around with a solid trade, ending with a profit of $45.50 and bringing my account total to $1,260.79. Let’s break

Jul 19, 2024

Why I Chose a Cash Account for Small Account Trading

When I first embarked on my journey into day trading, I was faced with a critical decision: should I use a cash account or a margin account? Understanding the differences between these two types of accounts was crucial for me to make an informed choice that aligns with my trading

Jul 18, 2024

Daily Recap: Adapting to Quicker Scalps and Improved Risk Management

Today, I initially planned to use 5-minute and 15-minute charts. However, after analyzing some small-cap stocks last night, I realized that this strategy did not offer a favorable risk-reward ratio and seemed too slow for my trading style. I decided to revert to the 1-minute and 5-minute charts, ending the

Jul 18, 2024

Daily Recap: Navigating New Chart Timeframes and Learning Patience

Today was a challenging day as I adjusted to trading with 5-minute and 15-minute charts. The transition was tough, and my lack of patience led to several mistakes. I ended the day with a loss of $76.70, bringing my account total down to $1,176.09. Here’s a

Jul 17, 2024

Daily Recap: Balancing Patience and Opportunity in Trading

Today, I focused on exercising patience, waiting longer than usual to enter trades. My goal was to avoid the initial market volatility and find more stable setups. While waiting nearly 30 minutes seemed beneficial, I missed a few early opportunities. Moving forward, I may adjust this to around 15 minutes

Jul 16, 2024

Daily Recap: Slow and Steady Progress in Trading

Today was a decent trading day, adding $70.26 to my account, bringing the total to $1,230.09. My primary goal was to slow down my trading and rely more on the 5-minute chart for confirmations. This strategy is still a work in progress for me, requiring more practice

Jul 15, 2024

The Power of Journaling Trades: A Path to Better Trading

When I first started my journey into day trading, I quickly realized that keeping track of my trades was crucial. At first, I thought simply remembering what I did would be enough, but I soon found out that memory can be unreliable, especially in the fast-paced world of trading. This

Jul 14, 2024

Mastering Risk Management: My Journey and Tips for You

Risk management is a crucial aspect of trading that I’ve come to deeply respect and prioritize in my trading journey. When I started trading, I often found myself making impulsive decisions, driven by the excitement of potential profits. However, I quickly realized that without a solid risk management strategy,

Jul 12, 2024

Daily Recap: A Profitable Day of Patience and Strategy

Today was a great day! My patience paid off, resulting in a profit of $94.35 and bringing my account balance to $1,159.85. Although the day started with a less-than-ideal trade, I made up for it with a solid second trade. Let’s break down the trades. Trade

Jul 12, 2024

The Importance of Starting Day Trading on a Simulator

When I first started my day trading journey, I quickly realized that jumping into the market with real money wasn’t the best approach. The excitement and potential of quick profits were tempting, but I knew I needed to build a solid foundation first. That’s when I decided to

Jul 11, 2024

The Importance of Patience in Day Trading

I want to share a crucial lesson I’ve learned the hard way on my journey in day trading: the importance of patience. It’s a quality that’s often overlooked but is absolutely essential for success in this field. When I started trading, I was eager and enthusiastic. I

Jul 11, 2024

Daily Recap: A Day of Forced Trades and Valuable Lessons

Today was a challenging day in my trading journey, marked by significant losses and important lessons. My impatience led me to force both of my trades, resulting in a total loss of $48.75, bringing my account balance down to $1,065.52. This experience has made me question the

Jul 11, 2024

Daily Recap: Small Profits, Big Lessons in Trading

Today, I took three trades, two of which were smaller positions. Despite the challenges, I ended the day with a modest profit of $8.19, bringing my account total to $1,114.29. Reflecting on my trades, I realized that I held onto my loss too long and didn’t

Jul 10, 2024

Daily Recap: A Day of Steady Gains and Valuable Lessons

Today went pretty well for the most part. I did a lot better at staying patient when the market opened, avoiding premature trades. I waited for setups I liked before making a move. I ended the day with one win and one loss, resulting in a profit of $27.30,

Jul 9, 2024

Daily Recap: Learning from Mistakes and Celebrating Small Wins

Today marked a significant shift in my trading strategy. I decided to increase my trades from one to two per day, meaning each position would be smaller, but I’d gain more practice and focus on high-quality trades. Patience was my mantra, waiting at least five minutes after the market

Jul 8, 2024

Daily Recap: Learning from My Trade Loss

Today was a challenging day in my trading journey, as I faced a significant loss of $46 on a trade with ZAPP. This brings my account balance down to $1,068.42. Despite the setback, I believe that every trade, whether profitable or not, offers valuable insights and lessons. Here’

Jul 5, 2024

Daily Recap: A Day of Wins and Lessons in Trading

Today was a remarkable day in my trading journey. I ended the day with a $75 profit from my single trade, which felt fantastic. Before diving into the details of that successful trade, I want to share some valuable lessons from a couple of practice trades I made earlier in

Jul 3, 2024

Daily Recap: Learning the Importance of Taking Profits

Today was a valuable lesson in the importance of not holding onto a stock for too long. I made only one trade, investing around $980 in GMM, and ended the day with a modest profit of $8. While a profit is always better than a loss, I could have walked

Jul 2, 2024

Daily Recap: Kicking Off the Week with a $31.50 Profit

Today marked the reset of my paper trading account to $1000, and I’m pleased to report a strong start to the week with a $31.50 profit, bringing my account total to $1031.48 after fees. I’m treating this account as a real cash account, trading strictly with

Jul 1, 2024

Daily Recap: Lessons from a Tough Day in the Simulator

Today was another significant day in my trading journey, filled with valuable lessons and a notable loss of $101.95 on the simulator. I took numerous trades, which again felt unrealistic compared to my cash account experience. However, this was intentional as I wanted to test my new stop limit

Jun 28, 2024

Daily Recap: Understanding Order Types in Thinkorswim

Today, I immersed myself in the technicalities of Thinkorswim, specifically exploring the differences between buying at market, ask, and bid prices using the simulator. I initiated a market buy order on BSFC, a high-volume stock, expecting a smooth transaction. To my surprise, it took over 10 seconds to fill, and

Jun 27, 2024

Daily Recap: A Day of Strategic Trading and Lessons Learned

Today was a great day with a profit of $83.75. My goal was to take only 3 trades and trade each stock only once, which required careful selection and tighter stop limits. Despite a few mistakes, the day ended on a positive note. Big Loss: VLCN My significant loss

Jun 26, 2024

Daily Recap: Learning from Today's Trading Mistakes

Today, my goal was to take fewer trades to better simulate a real account. Unfortunately, I failed to achieve this and should have limited myself to no more than three trades for the day. Tomorrow, I plan to stick to this limit. I started the day strong with my first

Jun 25, 2024

Daily Recap: Navigating the Ups and Downs of Day Trading

Today was an intriguing day trading on the simulator. It began on a rocky note with significant losses due to mistakes that I learned from, but ultimately, I managed to come out on top with a net gain of $56.05, as shown in the above image. Big Loss: EOSE

Jun 24, 2024

Weekly Recap: My First Week of Day Trading

This week marked the beginning of my day trading journey with a small account, and it was a rollercoaster of emotions! To start, I’m currently using a simulator to test my trading strategies before risking real money. If you’re new to trading, I highly recommend this approach. Over

Jun 23, 2024