bought the volume spike down for a few cents


















shorted as WLP was going down. the trade was from a live trading room. no confidence in it since it wasn't my trade, so i got out.


















nice fibonacci retracement, i should have waited to get in until later. actually, i wasn't able to concentrate all that well this morning, so i stop early.
































trading room was buying as GS was breaking highs. i decided to wait for pullback. my original exit was .38 but i got out at .26 because i was getting ancy. it wound up going to .60 or so.


















nice break out from consolidation and from the triangle pattern. i was late to enter, and was nervous about 3 decent sized green bars. i though there may be a pullback but it never came.


















CREE, gap up, breaking highs later in day. the trading room was watching i really did not like it.


















trading room trade. no follow through.


















AAPL breaking out of wedge. i did not like that there was no follow through. should have gotten back in 20 mins later at lower end of triangle. it popped a little after.

looks like all my losing trades were not my ideas. lets see what happens tomorrow. but, the GS trade did have to do with listening in on the chat. i like to see what they are watching and making my own entries.

good day

made just one trade, AAPL. it looked like it had a nice bear flag and the SPY was starting to go higher. i thought to myself, hang onto the last hundred until the end of the day. it would have worked out, but who wants to sit there all day. not me, although, if you think, i would have gotten $300 to sit around, that is a pretty good hourly wage.

i am very happy with the day. i had to be discipline. stop trading after i was up $100 and that is what i did. lets see what happens tomorrow.

lost discipline

wow, i have been doing great with discipline. setting stops, not taking on large share size, and then for the first time since i have been trading, i got angry at the market. i was long POT, got shook out at the bottom tick, so i went a little haywire. then i bought and sold way to much POT and X. X drove me nuts because SPY was popping and this stock just stalled. i couldn't believe it. i thought for sure it had to run up but it didn't.

then i think i shorted the low of the move. blah blah, back and forth. i just can't lose money like that. it is one thing if i was making 1000 a day, but i barely make a 100. and instead of leaving at lunch up 60, i trade myself down to -275. holy shit, i can't believe it. i totally lost my focus and discipline. i will put up the charts later.

i think my problem was i traded myself back from -100 a few times now, so i thought i could do it again, but this time it was by trading larger share size. dumb dumb dumb. i had a nice day going, and i had a nice trade going in WLP while i lost my mind.

my stops being taken out is what drives me nuts. is it that obvious where i put them market makers take me out. and i thought X would take out the highs around .58 to screw all the shorts above that level, but it didn't happen. i ended up getting screwed. need to take a long hard look this weekend back on all my trading.

This chart is fitting to be first. I am getting right to the climax. Instead of just holding onto a good trade, as we see below, I got out of it while i was trying to make my day back in X or POT. meanwhile, if i would have just hung on until the close, my small position size, correct stop placement, and good trade would have brought me to break even.

almost $100

i had written some stuff but my computer restarted itself when i walked away to make a drink. so now, i am annoyed and not going to write it all again. enjoy the charts

no charts tonight. lightspeed connection wasn't working, big bummer. i can get the charts though through another service but it charts each trade individually. this will take a while so i will have to look at it tomorrow. for tonight, check this out:














it appears my best time to trade is 1030-12-30 and 2-4. granted there isn't many trades hooked into this service yet, but interesting to see.

bought and sold the pop. after watching some other bloggers, i think the correct think to do it short the pop, which i possibly could have done. then, this stock took off like a rocket but that was after i had gone for the day. my brain is just fried.


















originally, i was shorting the retracement. it did not work and you could feel the momo pushing it up, so i longed it. then i played the back and forth and did well. i need to do more of this.


















i was buying the pop. maybe i need to buy the pop, if i get stopped out, short it, and then cover, then buy it again. i seem to get stopped out of the fast movers only to see them run up 10-30 mins later.