most of the morning i tried to buy the retracements to the 25 or 50% fib extensions. it did not work out today. i am down on the day, i would like to put on one more trade, but i think i should stick to the plan and not overtrade. i think i need to get better at seeing confirmation. vno's bar did break a the previous candle high, but i don't know if that is enough. nav i bought as it was touching the 50%. who cares if it touches. the next candle needs to break that high. or it needs to close above the 50% line. it did neither of those yet i still bought it. i am trying to get in early on these retracements instead of letting them consolidate. if i would have let them consolidate maybe today would not have been as bad. i am rushing to get into these retracements trade tyring to get a beat on the next guy, but today it ended up screweing myself. now maybe tomorrow getting in early would work, but i know i need to wait for confirmation.


buy 10.28-49.13...stop 48.95...sold 10.48 @ 48.80







buy 10.29 @ 41.95..stop 41.83 (execution 41.76 i think at 10.30)





short 11.30 @ 58.12...stop at 58.25...sold at 58.29. i was trying to short the momentum as it was running into the fib extension





short at 10.48 @ 34.86...stop at 35.03...stop executed at 10.50 @ 35.05. looking back again i was trying to get in early. green bar = momentum to the upside. it did eventually tag the 50% retracement line. a better entry would have been to short the break of the 11:05 low. red bar, going down, breaking a low of the previous bars and set my stop above 35.04 or 35.14. i probably would have put it above the 35.14





buy hp 10.57 @ 33.72...stop at 33.47 just under the half dollar...i sold at 33.42. stop missed the market. never fired off. i have to check into my settings. i just want the stop to be filled. i am not fast enough to watch everything yet.






bought 11.13 @ 22.54...stop at 22.39...executed at 22.39





bj shorted as it was tracing back to lows of the day.

short at 11.43 @ 36.92...mental stop above 36.23...i sold at 37.17








damn. got ripped to shreds. between picking bad stocks, getting bad fills on my stops, and some of the stops not even firing off doubling my losses as i looked over and saw the stop didn't go, i think this morning was an expensive learning experience. i'm just going to throw the charts up. right now i have zion short, and we will see if it will bring me out of the hole.

shorted at lows of the day. just got out as it retraced back to .50.