Introduction

Dear Reader,

I have started this blog as a trading diary. I am attempting to setup a paper trading process that I can use as proof as to why I enter and exit a trade. This will help me become a better trader and allow me to review my previous trades.

The methods that I will be using to enter and exit a trade will be technical analysis. I will discuss the reasons in detail and the specific trading pattern that as I explain the trade.

There will be a template associated with each post. Why I entered the trade, date and time, name of the stock/option (and stock that it is tracking), how I paid. I am sure I will think of other items as I go along.

Here are the rules that I am playing under:
I will begin with an account of $20000. I will need to practice money management in order to succeed and to stay in the game. I will not be going all in a trade, I will however try and play it smart and not allow greed and fear take over the trade.

I will probably announce some trades that I wish I could get in - If I had the cash laying around - probably most likely I already spent the money I had set aside to enter a trade.

Until then, wish me luck and please feel free to give me tips and pointers as I go along. I will need it.

My ultimate goal is to use this as proof that I can support myself doing this full time.

Thank you