i like waking up and watching the market the first hour to see what is hitting highs and lows. it gives me a slight sense of direction on some stocks. i just need to control my urge to trade that first hour.
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i bought through highs. it had a nice retracement. should have rebought.
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i wanted to get this one at the hammer 3 previous bar, and then it exploded. i shouldn't second guess.
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shorted the dead lows on this anti money maker. looking now, i see the huge volume candle on that down move. that should have told me the move was over.
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buying highs, i would probably take this trade again although the volume is high.
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i was thinking it was either double top or double bottom, i went with double top, ooops, it was a double bottom.
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breaking highs. stopped out. nice pullback
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a ten second difference on this trade and i would have been in the money. i shorted it, it ripped immediately .50 and then dropped like a rock. i would take this trade again, next time just wait 10 seconds.
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at the end of the day it looks so easy, and if you time it right, it should be. i hit my max loss limit on my account of $200 per day so i couldn't trade after 1o:30, bummer. before i left, i was doing well, at 100 a day. now, i lose 200 in 15 mins. i need to be making 200 and loss limit down 100. otherwise i am taking 1 step forward, 2 steps back.
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