seems like an odd spot to but it. i think what happened was, the stop was close enough, so even though i was late, it was still worth the risk. later on, i moved my stop up as the stock didn't seem to be going anywhere. but, i remembered RIMM from last week, so i wanted to keep the trade on. |
again, i would say i was late but the risk was tolerable. the one thing i gain from having a closer stop is more shares. here i took on less shares. ended up getting stopped out. i almost went after it again as it setup again but the risk reward didn't make sense. i was thinking the stock would go near highs. so on the upside it was about .20 and the downside was about .15 not worth it to me. |
no trade. gorgeous doji 2:15 |
this chart brings tears to my eyes,lol. gorgeous! too bad i slept in. |
i choose not to set an alert on this stock. i don't really know why. maybe because it wasn't the chart formation that i love. but, i believe i need to have a few different plays, so i should have just set the alert. |
stair stepping. i was up over a $1 (the elusive $1 trade!) and i put an exit order to sell at the ask. next thing, the stock drops .40. i hit out immediately, on that low tick you see on the 5 minute chart. i was thinking it was going to collapse like it did end of day. but, as you an see, end of day had an inverted hammer on the 15 and a reason to get out. here is was nothing but a purely emotional reaction to seeing the stock drop so hard so fast. man,i guess another day until i get that $1. |
no trade. most likely would have gotten stopped once but just needed to keep going after it. |
i was firing up the computer right around that 12:30 low. i was staring at it, thinking this is perfect. i didn't pull the trigger. i just didn't believe that i could fire up the computer and see something that soon. |
kinda sloppy. jut for reference. |
i have to say, i think today was another successful day. just spent my time hunting for the best charts. then i walked away a few times to clear my head and let the trades work. as long as i am trading nice charts, win or lose i am happy. whats more amazing, is i have been able to keep the losers smaller than the winners, yah!
hope everyone had a good day today. i'm sure a bunch of money was left on the table but, in due time, we will capture all of it.
Heya! Looks like some nice charts - But again, I can't click on the ones that have comments for some reason.
ReplyDeleteHope you get some sleep tonight.
so strange. i keep trying to figure out the reason but i don't know. i will have try to contact blogger and see.
ReplyDeletei was trying to catch some early z's but missed my chance. now, back up again.