Friday, April 30, 2010

















































was watching it but didn't short it.


















took a nap. missed the trade. i usually trade poorly on fridays.

















timed it one hundred percent correct. but i was afraid to give it .40 so changed my stop to .20. i don't think it ever even stopped me out. but no confidence in the trade. it wasn't going one way or the other. what a shame. i need to believe in myself.

















i wanted to purchase close to the low of the 1130 hammer. i wound up purchasing higher and using a higher stop. if i would have just waited for my price i would have had another excellent trade.

















i shorted the red doji after the runup on big volume. it made three more dojis and i got out. i was really hoping this would drop but it didn't want to.
















nice chart but i didn't think it would be a big dollar mover. but who cares, it was a dollar move, that is more than i ever take.

















stock ran up, retraced, went up, retraced again. i thought it was looking perfect. i actually tried a couple times to get it. but nope, didn't work. after i got out of the trade, i noticed the doji a few bars before. why didn't i see that before i got in the trade. i should have been shorting. i must see what the market is telling me, not what i want to see.

















nice setup. didn't take it.
















tried shorting the retracement. didn't work.
















wow. i thought how much could this go, obviously pretty far.
















caught the run up. i thought about shorting the highs but it was too far away from my stop.

i would say today was a great day. i was finding all the correct charts, at the right time, took some losses. i just needed to hang onto the winners. it could have been a truly phenomenal day.

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