shorted retracement but got out after the market started to make new highs.

















shorted the high of the day. should have went long after closing position but chat rooms was all about going short.


















shorted retracement. no patience. this was free money. i got out of my first piece +.18 or so, so that the trade could be risk free, i guess what, i still couldn't hold onto it.


































perfect retracement. sitting right on the 50%. i of course, go it before the bar was finished and it ended red. and continued to go down a little more past my stop. i wanted to get back in around .85 but thought i could get a better price. i guess not. stock moved up, came back down, but i didn't think it would go again from that point. it did go for .50 so i was wrong. you just have to take chances.

i think i need to go back over all the trades this week. i am pretty sure a majority were correct and that i just got out early. i am definetly seeing the setups much better now. now, i need to accept that losing $30 is okay. i have to be comfortable with that. right now, i am not. i do not know why. yes, i have money so that i can live on for the next year and learn to trade. but i am scared. i need to focus on that fear this weekend and learn to get rid of it. i know i can make 200-300 a day with small share size of 100-300 shares. i see the trades properly. my problem is holding on. i need to focus on that as well.

when you see these positive trades, such as CSIQ, that was all freakin' day. i need to get this in my head. maybe next week, i need to put on trades and let them go all day. no matter if they come back to break even or not. there will have to be some other criteria so that i don't totally blow it, such as watching the charts for lets say 3 big bars, then i will need to get out there.

but like i wait for a setup to get in, i need to wait for a setup to get out. all i do is watch my P/L. i will focus my energies this weekend on going over in my head holding trades and accepting a loss of $30. although, i think holding trades needs to be done in real time. so, defintely, focus on not being afraid of losing $30. its so stupid, i lose $400 a few weeks ago on one trade, and now i am scared of $30. WTF!

i am also in the process of re-reading trading in the zone for the third time. i got to put all the pieces together now. 200-300 should be no big deal and it will create comfortable living for me. eventually, i would like to make more, but i have set my self up so that i am in no rush.

going to Arizona State campus tonight for some free music and snowboarding,bmxing. they are trucking snow in just like the olympics, ha! dear and the headlights are playing tonight, as well as thrice and story of the year. dear and the headlights are a local band who are on the edge of making it.

cheers!