Thursday, June 17, 2010























first trade i don't remember. i think it was because the ticker was moving up quickly. the second trade i was feeling the momo slow. i accidentally got in too many shares, so that is the sell near the top. i got stopped out on the trade. i would take the trade again. there were some great signals 1240 and 2pm.























momo was slowing. the first green doji the ticker was still blinking red so i didn't believe it. the second doji, the tickers were stalled so i went for it. i bought more near the top, raised my average price more than i would like. i got scared out of the trade. had i just bought the proper amount at the right time, it would have been (hopefully ) a stress free trade. i would have shorted that 1050 candle and then gone long again after the hammer was made. some other great entry points that i was too afraid to take. no confidence. i know i can do this. i see the market correctly. and it is time to start getting paid for these moves. i need to move double my share size and not be afraid.













wow, saw all these great doji entries and exits and was too afraid to take them. every time one worked and i saw the next one i said, its not going to work this time. low and behold, i think i read the stock correctly all day long.













i saw this one popping all day. i don't really see the greatest entry just a chart for me to remember.












jeez. yesterday i said don't cancel stops, and guess what i did. in the heat of the trade, i didn't listen and closed it. unreal. this was the same stock as yesterday that dropped all day. i entered and it popped up immediately. the spread was about .05 i think, so i wasn't happy. i didn't even give myself a chance to see the previous candle high. silly trading












no idea.












new lows. again i closed it early. i really need to focus on this problem. i didn't even realize how many times i did this today. i must make it a conscious thought to close. it just happens so fast, i close the stock and thats it.












sold only because it was moving so slowly. there was no sell signal until that wicky red 1140 candle. so good entry, bad exit. plus, you could have shorted that exit candle easily.


again, i think i read the market correctly. its funny, two weeks ago, i was reading everything great. i was so confident in my trading. i was gung ho for last week. then last week came, and i did everything wrong. how humbling. now, this week again, i have been reading everything great but have not taken on any size. we will have to see what tomorrow and next week brings.

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