not much too say shorted as it hit its 50% retracement. i did not have a decent stop either. now i see that when these retrace i need to let them work for at least a few candles so i can get a stop from recent price action instead of a stop from a candle a few hours away. the stock didn't do much but of course i hit out at the hit.






just a view of sds as i was trying to trade it. the first trade was because i thought it had support at the lows of the day. i figured that the market wouldn't break above new highs, guess i was wrong. second time i bought i thought it was going to run because of the big volume candle. third time, fuck it i don't even want to look right now. i looked...i shorted it as i thought it would get another push down, but i guess it didn't happen.





breaking daily lows.

so today was my worst day trading. i made that simple mistake with costco and it put me in a bad mood. when i lose money like that, i tend to just not care anymore about losing and i start taking more chances with crappy setups. i thought i told myself i was going to look for great setups. the problem is, you talk yourself out of one setup only to watch it run (a.k.a. hans, maybe i'll put the chart up) and then you short the next and it doesn't work. one time the chart will work, the next time it won't. i think i definetely need to respect the direction of the market when i am trading. if the market is going up, i am only going long, if it is going down, i will only short. but again, the market can turn on a time and i can end up being screwed again. i need to write down the reasons why i am getting into a trade. i think this will help me in my review and it will also instill confidence in the trade so i don't hit out. lets see what happens tomorrow. need to step up the game. i need confluence with the charts.



i stared at this one and of course, it worked. i dont know, maybe i need to take more setups. that way i can get in some that work. instead of talking myself out of them.