Wednesday, November 17, 2010
CF: I thought i was going to be able to catch the top there. looking back, the previous candle maybe was more hammer like than doji like with that long tail on the bottom. anyway, no reason not to go after it again 30 minutes later. but i didn't because of instant frustration. this is going to sound totally bad, but today i feel like the market is rigged. i can't get anything working. very upsetting and a bad attitude. i know. i am working on it. Had i taken the other side of the trade, i still would have been stopped out.
GD: This is what happens when i try the finger, lol. Had i taken the other side of the trade instead, i would have had a winner (1/2)
NTAP: Had i been paying any attention I could have caught this one. But for a loss or a gain is anyone's guess. Glad not to be stuck holding it when it was halted.
QLD: Had i taken the other side of the losing trade, i would have been stopped at the highs of the day. (1/3 on opposite day strategy). The consolidation volume was so light. Also, it had already shown a lower tail, so i thought they had all the weak hands out and may push it up later in the day. I hung onto it all day and then out of no where, boom, down she goes. when she consolidated on the 5, i waited to see my next course of action. it broked down, so i went short with it.
I can't even think why i am so negative today. days like today gives me the cloudiness in my head that working on accounting or studying actuary exams does. when i can't get something, i get frustrated and my head gets filled with cob webs. tyring so hard to get this, and yet i still can't seem to have a break through. it is also amazing, how one loss can get me so doubtful. on the surface, i know winners come in random distribution. but deep down, there is still some element. that doesn't accept it. i'll have to search dtf's blog because i think he says douglas says something about this.
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Bro - missed you today! Hope things are well.
ReplyDeleteHang in there. It is not easy, but it is definitely doable. And the reward is worth it.