retracement back to daily high breakout.



































i was buying the lows of that consolidation and selling the highs of the consolidation. it took all my strength to buy the lows and sell the highs. i really wanted to short it. i guess evenutually that would prove to be right but there is no way i would have stayed in the trade that long.

breaking out. i felt the push. i see my problem is selling too soon. when i want to sell the stock, i think i actually need to be buying more. when i time it correctly, i end up selling into the immediately, instead of hanging on for some serious coin.













































































































chat room breaking out. i wasn't a huge fan, got my money and ran.

















retracement, todays high to low. i got out for no reason. i didn't want to lose $30 so i tightened up the stop after 25 minutes. original stop would have held. afraid to lose, instead of trading to win.


















retracement todays H/L. got out way too early. look 10 cents maybe.


































big volume bar, should have bought and held. it is easy to see and the end of the day.


















nice retracement. forming triangle as well. then bounced twice off 50% retracement line. really nice set up. tight stop of .10 and guess what... when it dropped from my entry of .16 to .09 i got scared because it dropped in a blink of an eye. i know it wasn't a big drop but i didn't now how this thing trades. i thought maybe it trades like that crazy HEAT the other day. i got out. and wow what a great trade.

















caught the top, wrong side of the trade. breaking highs and boom, goes lower.

















trying to buy retracement.




crazy stock.

holy sh*t! what an afternoon. that was a crazy. probably what it was like back in 2008.

X - i shorted the lows which is something i do not want to do. so i covered it immediately. i would have felt comfortable though had i caught the short earlier on at the top of that bar.





























first i tried to short the pop. but it was too strong, so i covered and went long.

lesson: go with the pop when the market is popping as well.















just scalping.
















consolidation to the extreme. i can't remember why i covered. i should have kept an eye on it for later on.
















first purchase was because i thought it was going to keep going higher. obviously, that was just a retracement. how do you tell a retracement from a new move? i haven't figured it out yet. to me, that is a sharp, violent retracement. i thought retracements are supposed to be smooth and gentle. and volume was going up. looking again, i could say that it was a new move but it would be wrong.

the rest of the day i was just scalping it non stop. it worked. maybe i need to move down to the 1 min or 3 min chart and just scalp since i can't hold to save my life.















ripping.
















i drew a triangle from the morning high to the 11:15 high. i bought when it broke the trendline. it continued back down. looking now, it looks like a double top at the 50% retracement, and then a double bottom at the lows of the day. it is easy to see all this at the end of the day.


scalping aapl. to crazy of a stock for me. as well as gs. i need to stay away from them but they are addicting.

chat room trade. worked out well for anyone who held it for awhile. in the chat room they got out so i did as well. i was afraid of what happened the prior day in HEAT.













breaking highs bug volume. my rule is to short these but this one seemed a convincing long after consolidating most of the day.
















i shorted the start of that 5 minute candle thinking i could get in with no pain but i was wrong. they ripped it to about .90 or so, and then dropped it.













the final trade i made money on was just an angry trade. i should not have done it.













the morning trade was a nice break out of a triangle. i felt like i could short up top but didn't do it. then i wanted to short it again around the 2;05 doji but my order did not get hit. then i canceled, then it came back, and i was too scared to put the order again. looks like i would have been 100% correct.















short the retracement, it just didn't feel like it was going to work. also had a .08 spread which i did not realize at the time. i stay away from those bad spreads.


great morning, terrible afternoon. i got really angry not being able to make anything happen. it just frustrates me that last week i had everything right and made no money because of my lack of confidence. now this week it is much harder for me to see the market, so i am not making money either. i guess i thought this week would be like last week but it is not.

i need to figure this out soon. i am down about 800 w/ commissions, i think, for the year. that is not good. i need to be able to figure this shit out soon or at least have a couple great days. it is so hard for me to make 100 but i lose that in a split second, unreal. as you can tell i am frustrated. i will be reviewing all my charts this evening. i am trying hard to figure out where i am going wrong.

nothing working today

shorting the bear flag. it retraced and i shorted a little more. i put a bid at 1R and the rest came to break even.

it is not part of my plan to be shorting lows or buying highs, but i think when it consolidates or flags at the point it should be okay. i will have to look at my parts charts and see how that has worked out in the past.



















chatroom was talking about this one. normally, my plan would be to short the first pop up and be done with it. i bought into the flag setup, and was up nicely waiting for a breakout over 14 to sell. well, the son of a gun dropped that a rock. all the bids disseppeared, jeez that was nutz. stay away from thin stocks like that.


















shorted after the retracement from lows. no continuation. actually popped higher.





































tried to buy the afternoon retracement. i guess it wasn't a retracement. my plan is to wait for a green bar to form, but i just blanked out on that rule. what would have happened, is i would have got stopped out later and possibly shorted it after the stop out.


















shorted the retracement. closed out breakeven, wasn't really moving and it was lunch time. i could have gotten back in around 130 but i wasn't at the computer.

tough day today. i tried sticking to the plan. but it didn't work today. so, i am annoyed. i tried to be disciplined and hold. if i would have done this last week, i would have made alot of money. today nothing worked for me.

bought/sold multiple times for a little change. i nee to learn to just hold. i find i can hold onto stocks when i am down, but not when i am up. trading not to lose, instead of trading to win. then later on, i thought i could get short it. i was right but late, had another chance later on, but i had left the computer. i may try to just concentrate on a few stocks, such as fcx, instead of consistently looking for ideas.



























what do you think about them apples. New Rule: i have to wait at least 3 minutes before reentering a stock. holy shit, talk about chop. i was all over it, late to the party, but i thought we could get follow through. i was trying to short on the pullback, but then it pulls back so hard, you think it is a long. got to remember the overall trend.














i feel like i am so close to getting it. my ideas are correct. i am seeing the markets movements better but i just can't time it correctly so that my stops aren't hit. and if i get it correct, i get out after .25, what a freaking joke. i think FCX went a couple point after i got out for a .25 or so. got to have the same conviction i have when i am losing money as when i am flat or up. i have more confidence or blind stupidity to let a trade just work when i am down, but not when i am flat or up. i hit or for shit. i need to get the ball rolling correctly soon.