i don't remember why i went long but it was the right move. i chickened out, as usual.

i was watching this stock and took my eye off it for 5 minutes i think while i was watching IBM. i missed that doji and was pretty upset.

shorting lows, it was a difficult hold. they were trying hard to keep it up. i decided to close but i believe this was the correct decision.

i was short and watching closely. when it took out my stop i decided to go long since it based around that level for 15mins. i actually took 200 shares but got scared. i sold 100 and let the other 100 trade. only closed because i got frustrated and tired of watching the market. like i have said before, trading 100 shares isn't going to pay me enough anymore. i need 200 shares in order to feel like i am getting paid for my work.

i don't know what to say. i don't want to look at the chart right now. all i can say is i was truly believing the market was going to go down from the signals i was seeing but i kept getting stopped out. i must say, i tried extremely hard to hold onto the short in the afternoon. i finally gave in. but, i really fought the urge to close, so i think i made progress.

closed it like an idiot.

closed like an idiot

very rough day for me. i tried really hard to stick to the plan but i just kept getting stopped out. i had the right idea, but didn't time it well. very frustrating for me. i really wanted to smash a keyboard. i was doing as many pushups as possible. what can i say...

so many trades would have worked if i wasn't afraid but boy....

i'm done, burnt out.

lets see what tomorrow brings.

going crazy over iphone news, scary trade, quick  trigger finger

same thing as vz

that first trade should have been a long where i exited. i should never have got short where i did. i just figured it would keep trending down, but it didn't. then, its too far to go long.[just for me,maybe you if you want: on the next trade, i tried the same idea, just short with a stop at the candle. i guess what i did, i closed the stock early. trading not to lose. i can't tell you how frustrated i am by this. if i was short at that moment, i would have covered properly and gone long on that 130 candle.]  then, i should have gone long two more times and gotten stopped out. the next trade would have been a long around 1330, and an exit around 1410. the only way to see the market short was to see the doji on the 15 min. 

i saw the doji, though wow, powerful. then i was scared when it rallied back to the doji, but what a great entry point. i think i was actually thinking about getting long. but the time to go long is when it breaks the doji, and then time to short is when it is running into it.

iphone news

traded this long instead of qld. didn't work.

so, it was a tough day for me to read but i never got into the flow. i woke up late and wasn't focused. i had phone calls and emails coming in about my summer time work. i asked them to wait until 1pm, but people need help, so i had to help. tomorrow back to the game plan. hopefully i can bring out the market maestro.

qld charts

scott qld

lightspeed qld

quote tracker chart set like scott's

quote tracker normal chart

i wanted to go long where i drew the line but i chickened out. then later on i decided to go long against the hammer but wasn't believing it. the problem is i end up taking the second, not as good trade, because the first one worked. i just need to take the first trade.

nice top wicky red candle. shorted it, shorted some more. covered well. should have went long and then short again.

shorted after it top out. covered pretty decently. i had to take .50 even though the candles didn't say sell now. i would have locked in another maybe another .10 or so because the correct cover is not until the green candle. wow, this one set up again, i missed it. then i shorted later on closed it because stop was too far away. i switched to GG instead which had less risk for me.

shorted this instead of GDX

15 min chart was the champ

first and second buys were correct but scared because of stop size. 1110 short was good and covered too soon. then i shorted every freakin' candle because they were so top wicky. i said, "i don't believe this". that was correct. covered too early like a jackass.

saw this run up due to some ruling. decided to short when it started breaking consolidation. i thought it could go all the way back down. at this point, i had n 4 different positions and didn't like the distance i had given this one or QLD. we are talking .50 stops, and that is not part of my game plan. so i covered the big stop trades. should have gone long after on the dojis.

shorted but was a decent long. no problem with this trade.

i was trying out a new template. the good thing is i can load more than 5 charts at a time, the bad thing, i haven't figured out how to correctly line up the text with each chart yet. even stranger now is that i just logged back in and the "interface" went back to the old style.

today was a pretty busy trading day. lots of up and down. i don't know if i should be following every wave of the q's because sometimes the waves are so tight that you won't make money either way, you should just pick a direction and let it trend down. it felt like that today. the up moves seemed pretty decent and the down moves kind of un-exciting. it was hard to believe in the downside with such slow grinds down.

after talking with a buddy last week, i have a slightly new plan. we were talking about fear of success and he said i was crazy. he said he gets pumped up everyday, saying to himself he is going to put up big numbers. he had me so fired up i wanted to punch somebody in the face. anyway, this morning i put on some symphony tunes (first time ever for symphony, after realizing it calmed me down when i was anxious the day before), dialed into the market and just felt pumped up. i told myself i am the conductor of this market, the maestro, and it will bend to my will. my first few trades were all losers and i was still a little sleepy. even after walking around my complex for 10 mins and jumping up and down a few times. i decided to have a few sips of coffee and that is when the maestro ignited. i was on fire. i truly believed that the market would bend to my will, and i loved it. hopefully i can keep up the same attitude tomorrow. i felt unbelievably positive, confidence through the roof, and i was having a blast. it was like a game to me, watching the market try to mess with me, and me not giving up and messing right back. i never would have gone after QLD 3 times, but today was different. i knew i was right and the market would come in my direction i just had to will it. okay, thats enough. i'm fired up all over again. lets see what tomorrow brings.

for sure, today was alot of funny but also a ton of hard work mentally. i was +55/+25 after commish. i thought those commissions were high, but i can't complain. just make money and don't worry about commissions. i need to be making $1000 day will the level of brain activity i got going on.

computer problems, no trade

i guess me and dtf both got screwed today.

i kept getting kicked off the executor part of my platform. i still got charts, time/sales, quotes. after checking everything for a few hours i finally gave up. when i came back to the computers around 3, i checked the task manager on my laptop. lightspeed was running in the background. but i don't use my laptop to trade. i use my desktop. i use the laptop at night to get the charts together and post them. somehow lightpseed never logged off of the laptop and the desktop application still let me log in, which it shouldn't have. so what i realized, the two systems (laptop and desktop) were basically signing on and kicking each other off of the executor.


until next week.

easy read, rough day

i didn't eve see that big volume bar until right now. its amazing how you can't see the forest from the trees. i was short, stopped out, then long, and guess what i did, of course, i exited early because i didn't want to risk the money. unreal. have to write it over and over again tonight.

















breaking lows, stopped out, no problem.
































apc and bp were breaking lows. so i shorted the lagger. the momo felt like it was slowing (do i have any idea what i am talking about0 and i saw that at the whole dollar level there was 27000 shares on the bid. I decided to exit and see what they did. it never broke that level.

















don't get me started. i enter perfectly and exited like a dope. i exited right at the beginning of the new candle because i thought they would bring it right up. they did, but exiting was not the proper move. there was no candle that said get out. it was just me and my intuition. although it was correct, it still doesn't matter. i exit on a candle signal or a break of previous bar high. the proper exit, according to my rules is around 1120. as you can see, i didn't believe that hammer candle and was watching that level where i entered closely because it was the previous breakdown area. but, if i had held the short properly, i would have entered the long properly instead of trying to exit. i don't know how well i am explaining that but, it makes sense to me. basically, if i was on the correct side of the trade the whole way down, i would have been on the correct side going back up. at the 1430 market, i went to short right on time, but i was not connected to the executor. son of a gun. no executor no trade. later on i tried poking at it, but i gave up because it was just frustrated trading.
































who knows. short,cover.
















this one was rocking teh scanner
















great short as it was breaking lows. correct cover. why didn't i go long? nice hammmer, nice volume. i have bad words to say here but i will save you all. caught it later with the scanner (actually ESI) and i bought some. needless to say, it was far from a decent stop area and i was scared. why not just buy at the start of the next candle, silly silly silly. then later on it dojied.

damn i had all the right stocks today and i traded like an amateur. easy easy moves. i just didn't believe that apol or esi would keep moving up or down. why can't i just believe?

very upset with myself today. i need to kill it, not lose money. i saw everything correct. for sure i would have been positive if i was connected to the executor, but its not so much about being positive as it is about trading properly and believing.

short, double up, exit some, get stopped out on rest. later in the day, just look at the orders below. yee haw! there were some ballsy trades in there. buying as the candle was going nasty red but using the previous hammer bar as my out.

what is funny though, during the first trade, when the QLD made that red hamer, i said to myself, this is a brand new candle formation. it going up from here. but i didn't want to exit the trade because of it. my stop was too lose by. then, once the previous short proves invalid, it is too far from the bottom of the hammer. but if i had any sense, i would have set up an alert near the bottom of the hammer and bought there again. it would have worked well.
















i said to myself, this can go to zero for all i know. so i entered, albeit, late. the real entry was the doji with above the doji. and then most likely, lower the stop to where it was on the chart (green dot).

















just seeing what it looks like with 8ema, it would have kept you in the trade for a nice move.


















look into the mind of a trading genius....ha, just kidding, use it to figure out the qld trades
















gdx,abx, and numerous other gold stocks were hitting highs. i found the one lacking and went for it. decent hammer formation. i used to do this with stocks but it never seemed to work for me. the lagging one would just lag, and i would say to myself, just buy the one that is moving. but scott had said he does this so i figured i would give it a try. i think the exit is almost perfect. i didn't wait for it to get .03 below the previous bar, but the other gold ticks were ticking down much harder. i give it a B+ trade.


tough day trading wise. i couldn't really get a decent direction going. but i was patient, and played cautiously because of the fed announcement.