another roughone

just frustrated trading today for no reason. it is so easy to see these moves, but today,i was always mostly on the wrong side, then when the ticker would start cruising i would flip positions, but i realized, the goal is to get in before the ticker starts rocking. not as it is.

APC was moving down like a monster. i made a few pennies on the short side, then i lost a few pennies on the long side. i didn't even check it later to see that nice short setup again. i need to remember to keep on a eye on these movers for some consolidation and then a move again.

















bought sold, bought sold, bought sold. that third trade is horrible.

















i was short long VXX, short the maket, and that was the way i was leaning. but i realized, there is no reason why i can't put on a long TNA after that double bottom hammer. put both trades on and see which one works. i ended up pulling the trigger but being very skittish because the bottom of the candle was so far away. i was freaking out and didn't even give myself time to at least check the 1 minute chart. i checked it after i closed the trade. had i relaxed and checked it, there was a decent stop area about .20 away that i could have used and it would have kept me in the trade. now, had i held onto the long, i believe it would have kept me in the right frame of mind to cover up near highs, and possibly get in on the short side. why i didn't recognize that 1220 bump up to short is beyond me. i think it was because i was so frustrated with being on the wrong side.

p.s. checking again, i remember that candle never broke the previous candle high, so there was no point in entering the trade. just not listening to my trading system. it seems like all the correct ideas i have cultivated over the past year just fly out the window. i don't ignore them, i completely forget them once i get frustrated.



































perfect entry, perfect stop, i have nasty words to say about the exit that i won't say here. thats called fear trading. over analyzing the trade. its simple, push up, pullback doji, buy, set stop. let it go.

















i don't know why i didn't see that wicky candle to short around 1230. i think i was at the computer at that point but i don't see any trades that went off, so i am not sure.


















shorting lows, i just closed it because i was annoyed at the morning and wanted to walk away from the computer.


















i remembering now the first trades this morning were bought as a basket. i was trying it out, vxx, eev, and edz together. i think the orders are wacky and i am going to fix them because immediately i was out of the money .08. that got me annoyed to start the day. maybe that is why it was so miserable all day. the trade later in the day really annoyed me, i was about $80 in the money and didn't take it, ticker was flying, but like i said earlier, i think you want to be in before the ticker starts flying, and exiting as it moving like a champ. it would have been easy enough to get back in on the start of the new green candle after the 2 down reds, tight stop. but i was too annoyed with the day and didn't want to lose more money. again, trading not to lose instead of trading to win.


















no problem, feel free to bash me over the head for this one. i think i was watching the ticker and it was slowly blinking green. i was thinking, what am i doing buying this inverse etf while the ticker is fully green. but, i realize now, if its green and moving slowly, that means that stocks are moving down. if its red and moving slowly or not at all, it means stocks are ticking up. but when your tickers are all green its pretty scary to be shorting it. granted, tight ass stop. once again, trading not to lose instead of trading to win. it was back and forth on the way up, i don't know how i would have handled it, but i would be much more pleased then this terrible exit.



i can't seem to get underneath COST so i will write up here. breaking highs, closed it because i was leaving the computer to relax.

very frustrating day, i wonder how many times i have said that this post. i just need to relax, and wait for the candles to show me the way. i know how to do this, i know i can do this. the money is there for the taking. if you lose a trade, no reason to get upset. just wait, wait wait and then pounce when its a proper time. tight stops, lose a few dollars, no worries. just relax kid, just relax!

down about 150, maybe 175 with commissions. again, i can't log into penson. i have no problem losing 150 but when you only make 100 to 150 on your good days there is a problem. much focusing tonight, reflecting, and attitude adjustment. i think there used to be a blogger named attitude trader and he would rate his attitude on the day and his performance. interesting concept.

peace