Just a Day Trader

So much life. Trading halted for last few months. Last trade I took was August 29. Bills caught up, expenses too large. I couldnt stay in the game mentally knowing I had to keep draining my trading account to pay the bills.  Im up $12000 on the year. I had a great year. I ended on a very high note. I was patient, waited and looked for proper setups. But I was so limited. I ended up having to go back to trading options only on a cash account so that right away eliminated tons of possible trades I could have taken. But such is life.  The boys are happy and healthy. We are a happy healthy family and I have no complaints. The search for a job began at the end of September and I am surprised but I cant catch a good fit yet. I got a couple offers but pay is just not going to be enough so I search on. The trade life was going to be put on hold until I could save up at least a few thousand dollars from a new job. It was looking like options only for the next few years.  Then a mi...

 I just posted 2 posts that have been sitting unworked on for a couple months.  It is June 24 and I want to get a quick one out. Things are smoothing over. I have started using scripts to update my data. It now only takes about 20 seconds for me to complete my morning copy and paste routines. Safe to say thats huge.  Trading itself is going fine. I am still in drawdown from earlier this year gains but slowing myself down, not trading everyday, and waiting for better market environments is where I am at now. Currently long DOC, ENSG, and MEDP.  Sadly im running out of trading capital. I cant take as many trades as I would like but maybe thats not the worst thing. It does require me to get very speicifc about what I am trading. I only have X amount of capital, I must use it on the best setups.  I have not figured out a good routune. New born Bo/house still taking priority but I am keeping eye on setups still a few times a week. I have subbed to SATA, https://www.s...

 I must find a way to be faster. I do not have time like I used to.  I must create a minimalized compact view of all of kmy sheets into something that takes less than 10 minutes to get my overall view.  I created a market data summary sheet that looks at all the tabs in the original data sheet, and gives it all to me on 1 tab. Much faster copying and pasting. ---------------------------------------------- Day trading is not happening. Not for a few more months it seems. --------------- B Grade trades are techincal setups A Grade trades are technical setups with increasing fundamentals A+ Grade trades are technical setups with clear ATH increasing fundamentals that have led the industry. Price Shocks from a dip lead to Great Pullback buys on 1HR/4HR -Specialty Chem 3/27/24 -Energy / Finance on big drop 4/17/24 Eliminating Setups I am a techno fundamentalist trader. If I have a trade that does not have the best fundamentals, then it needs to be made up on the technical side...

Baby boy number 2 is here. Beau Valens Klingsick. He did come 2 months early 2/27/24, and with complications. It is currently April 13th and I am sitting here in the NICU typing this out. He is doing well and we are expecting to be out of here to bring him home by May.  This has obviously compliacted my trading life drastically.  I cant stop trading. Just not going to happen. So I find a way. Swing trading has still been wokring very well for me as I slowly continue working on my spreadsheets and trying to get faster, more efficient with less time spent at the desk.  My main goal right now needs to be eliminating parts of my data recording process.  I have a lot of things I am tracking. It takes hours. Daily. Weekends take a few hours before I can even get to the charts. I do not have time to Day trade right now. I barely have enough time to swing trade. And I know if I was able to put more into it, I could be better. Main thing is tracking. Trends, industries, setup...

 WEST FRASER TIMBER CO. LTD. West Fraser Timber Co. Ltd. engages in the production of lumber and engineered wood products. It operates through the following business segments: Lumber, North America Engineered Wood Products (NA EWP), Pulp and Paper, Europe Engineered Wood Products (Europe EWP), and Corporate and Other. The Lumber segment refers to the manufacturing, selling, marketing, and distributing lumber. The NA EWP segment includes North American OSB, plywood, MDF, and LVL operations. The Pulp and Paper segment is involved in the production of pulp and paper mill. The Europe EWP segment operates the U.K. and Belgium OSB, MDF, and particleboard. The Corporate and Other segment relates to other wood products and related activities. The company was founded by Henry Holman Jr Ketcham, Samuel Kendall Ketcham, and William Peters Ketcham on January 28, 1955 and is headquartered in Vancouver, Canada. A+ Technicals. Fundamentals Bad. Turned negative. Why pu tmoney into a company when i...

 H.B. FULLER COMPANY H.B. Fuller Co. engages in the manufacture and marketing of adhesives, sealants, and other chemical products. It operates through the following business segments: Hygiene, Health, and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. The Hygiene, Health, and Consumable Adhesives segment supplies adhesive products in the assembly, packaging, converting, nonwoven, hygiene, health and beauty, flexible packaging, graphic arts, and envelope markets. The Engineering Adhesives segment provides adhesives to the transportation, electronics, medical, clean energy, aerospace and defense, performance wood, insulating glass, textile, appliance, and heavy machinery markets. The Construction Adhesives segment manufactures adhesives, sealants, tapes, mortars, and grouts for construction activities. The company was founded by Harvey Benjamin Fuller in 1887 and is headquartered in St. Paul, MN. Technicaly a great trade, fundamentlay is OK. Near ATH, saw a ...

 INTERNATIONAL SEAWAYS, INC. International Seaways, Inc. engages in the transportation of crude oil and petroleum products. It operates through the following segments: Crude Tankers and Product Carriers. The Crude Tankers segment consists of a fleet of vessels that transport unrefined petroleum. The Product Carriers segment focuses on crude and refined petroleum products. The company was founded on December 6, 1999 and is headquartered in New York, NY. One of the strongest names out there and financials say it deserves it. ATH and big increases.  Obvious concern of too far already. But momentum and energy beginning to take over seems like a good trade to take.  Great score on fundamentals, the others deceent. Performance wise, clearly a leader.  Perfoemance in a good spot, M negative and Q has been positive for 161 with a tiny dip to negative only once. It is at a top spot on Q, but with M barely negative, if it can flip it looks like it led to more run on the Q. Que...

 UFP INDUSTRIES, INC. UFP Industries, Inc. is a holding company, which engages in the supply of products primarily manufactured from wood, wood and non-wood composites, and other materials to retail, packaging, and construction markets. It operates through the following segments: UFP Retail Solutions (Retail), UFP Packaging (Packaging), UFP Construction (Construction), and All Other. The Retail segment consists of the following business units: ProWood, Deckorators, and UFP-Edge. The Packaging segment includes structural packaging, palletone, and protective packaging solutions. The Construction segment is involved in Factory-Built Housing, SiteBuilt Construction, Commercial Construction, and Concrete Forming. The All Other segment refers to the international segment and Ardellis. The company was founded in 1955 and is headquartered in Grand Rapids, MI. Another technical momentum play. Great coil and retracce from ATH. Weekly chart fantastic. Almost all financials at ATH aside from i...

 MINERALS TECHNOLOGIES INC. Minerals Technologies, Inc. is a resource and technology-based company. It develops, produces, and markets a range of mineral, mineral-based, and synthetic mineral products. It operates through the Consumer and Specialties and Engineered Solutions segments. The Consumer and Specialties segment serves consumer end markets directly and provides mineral-based solutions and technologies that are essential to customers' products. The Engineered Solutions segment combines all engineered systems, mineral blends, and technologies that are designed to aid in customer processes and projects. The company was founded on February 19, 1968 and is headquartered in New York, NY. Strong name, another specialty chemicals industry trade along the lines of LYB HWKN KWR. Strong tight setup, HTF charts love it with curl up MAs and taps. Obviously not as tight as I would like on W or M, but trying something with this one. Trend momentum continuation.  Clearly in a signifi...

 Quaker Houghton Quaker Houghton engages in the business of developing, producing, and marketing formulated chemical specialty products. It operates through the following geographical segments: Americas, Europe, Middle East and Africa, and Asia Pacific. Its products include can making lubricants, cleaners, coatings, cold rolling oils, corrosion preventives, die casting lubricants, dust suppressants, greases, ground control agents, hot rolling oils, hydraulic fluids, industrial lubricants, longwall fluids, metal forming fluids, metal removal fluids, pickle oils, surface treatments, temper fluids, and tin plating. The company was founded in 1918 and is headquartered in Conshohocken, PA. Not the highest score, but I love the chart and the industry. LYB and HWKN same.  Fundamnetals will make me not want to hold long as also some HTF MAs are a ways below us. But some are some arent, overall

 Torm Plc TORM Plc engages in the business of transporting clean and dirty petroleum products. It operates under the Tanker and Marine Exhaust segments. The Tanker segment focuses on the transportation of refined oil products such as gasoline, jet fuel, and naphtha. The Marine Exhaust segment includes developing and producing advanced and green marine equipment. The company was founded by Ditlev E. Torm and Christian Schmiegelow in 1889 and is headquartered in London, the United Kingdom. Strong mover, cleare leader with fundmaentlas at ATH. Maybe more in the tank. M MAs are a ways away, so I went off of the W on this one. D MAs all super tight as well so risk is small. Just had earnings and beat expectations. Compared ot least year it is down though.  Market is seeing a sihft right now. Tech and Semi, offense sectos are losing steam and turning some trends lower. Whjile energy and defense and seeing 0s and changing from neg to positive. This being a leader already and seeing t...