gold stock that retraced to the ema. gold was the sh*t today. wasn't moving very fast so i closed. bad idea
















i was shorting the retracement from lows but keeping it tight. i don't trust these highs or lows recently. especially hard when the market is going up.


















































bought and sold because it didn't want to seem to get over the .40 cent level. it retraced back to the ema. that would have been a much nicer entry. then it took off. my fault for not keeping the faith.

















poping to highs. would have been nicer 10 bars earlier. i knew it and kept a tight stop.

















buying the lows. i didn' think they would let it go straight down. also, the previous bars volume appeared to be much higher than it shows now. it was just a quick scalp.

















WOW! are you kidding me. easy as them come, although it never hit the ema until 1 ish.
















shorting lows as market was coming down pretty hard. it didn't seem to want to drop below .50. i think i closed just before it dropped .10 or so. pretty choppy
















scalped it. i was planning on holding it but boy, it is a choppy hold. got out for a profit and then, just like NEM, there was a great entry on the ema. i realize, if it dojis get in right away, if it just making bars, let it make some bars around the ema. the doji should signal almost a V reversal.
















wow. what a chart. no trade for me, just putting it up so it goes in to the brain file. fng was trading this one today.
















i didn't pull the trigger at the first lower area. i really don't know why. another beautiful entry up top. about 4 or 5 dojis. i shorted later on but was keeping the stop tight. right direction, wrong time.

today was one of the days where i should have killed it. i feel like i had everything right but just didn't let the stocks run or i didn't get back in them at the right time. days like today are the ones i need.

i have been trying to figure out how much i need to make on my good days in order to live. lets say 52K, 1000 a week profit. my winning percentage is 40%. i close out my bad days after -$200. the bad thing is, 2 out 5 days i will be profitable. 4 out of 6 trades i will be profitable. if i hit 6 loser in a row, then i am done for the day.

so at 2 profitable days a week, i need to make 800 on the good days, 800x2=1600

1600-600 (bad day losses) = 1000/wk.

so,i need to make 800 on my good days to make a living. and that isn't much of a living. interesting to see where i need to be. today i really tried to push it after i was up over a 100 but i just kept chopping around that level. couple good trades, couple bad trades. had i had some decent size on, say 300 shares, i could have made this amount easily.

that was the other thing i was trying to figure out. how am i going to make $800. is it 2 trades, 1000 shares and take .50. as nice as this would be, there is no way. i am comfortable between 100-300 shares. sometimes, 400. so at 200 shares, i need to hold for different trades for at least $1. i am lucky to take .30 out of the market. i was telling myself today. it is okay to be anxious. i have to accept this fact. once i accept it, i should be able to move beyond it. i felt like i was trading better today, but that is just because i was seeing everything correctly. tomorrow, the market may not show itself to me so well.

enough blabber for the day. if you read down to hear, you are a champ. i am just putting "pen to paper" to get all of these thoughts out of my head.

a present if you made it this far. my setup: