WHR: Long, doubled up. Then stopped out. I tried to short it, and boom stopped out within a few minutes. It is quite funny that i spend a few hours waiting to make money on the long side and then a few minutes losing money on the short side.
BCSI
CISG
CRZO: amazing again, i sit in it all day waiting to make some money. then within 2 bars it is wiped out. i doubled up.
LPS: trying the crazies
RVBD: this is the one that needed the most analysis. i think the thing here is, i should have closed the short and went long. there is no point in waiting to get stopped out. if the candles change, and show something new, then go that way. i really have to evaluate each new 15 min bar separately. What is it telling me now?
Not too many opportunities today that I missed. Mostly, the stocks i entered didn't follow through. WHR was a nice winner but made some mistakes near the highs. I took my shots on the best setups I saw. Nothing to complain about.
Monday, December 6, 2010
Friday, December 3, 2010
I had a bad opinion of today. But looking back, there were some decent opportunities.
ARG: Something funky happened with this trade. I have noticed that NT has been missing a few stops lately, like they disappear. Here i was long, and suddenly stopped out. I got back in. It seems i doubled up as it was rolling over. possibly i thought it was going to go to highs. as you can see though, the stock trended quite well. i should have been doubling up where i exited.
ATPG: Not as smooth looking as ARG. the trade was fine. the only annoying thing was losing .25 on a $15 dollar stock. for some reason that annoys me. i would have rather put that money into a stock with a larger ATR so there would be room for a larger payoff. maybe not the correct thinking, but this game is risk/reward. the problem is, you always define risk, you just never know what reward is or will be.
BIG: i'm pretty sure that is textbook.
CIE: one where it didn't work. i had the urge to figure out why this one didn't. then right now i realized, it really doesn't matter. had i taken this trade i would have lost probably .25. had i taken the BIG trade i would have gained .50-.60. its all a back and forth motion. i jut have to keep the winners bigger than the losers and hopefully have a few more winners than losers, although i know as long as my reward is 3x my risk, even with more than 50% losers, you can still be a winner. the trick is finding the winners that will payoff. my winners usually go for .40-.60.
GNTX: holy textbook action batman.
NFLX: triple time frame confirmation. i don't remember why i exited. i think i was frustrated and it was naptime for this cranky baby.
PAY: i like this trade. just not much payoff.
PVH: nice doji bottom.
QLD: first short there really wasn't a great signal. i kept shorting each new bar because i thought we may get the woosh down. i let the stops work when in reality, i should have reversed. because i was short, i didn't want to see signals that was saying, this is a long now. i need to remember stocks and markets can go up down, down up, and new highs new lows once or twice a day.
SOHU: described in comment section. i thought there was a .20 stop, wound up it was a 1.20 stop, so i closed early.
SPY: from 12/2. short stopped, long, stopped, ha. that's when you start thinking the game is rigged and how will i ever get this right.
more opportunities than i had thought. no reason to get frustrated. just trade. maybe i need to be drunk or stoned when i trade. that way i won't feel as bad with a couple losers.
ARG: Something funky happened with this trade. I have noticed that NT has been missing a few stops lately, like they disappear. Here i was long, and suddenly stopped out. I got back in. It seems i doubled up as it was rolling over. possibly i thought it was going to go to highs. as you can see though, the stock trended quite well. i should have been doubling up where i exited.
ATPG: Not as smooth looking as ARG. the trade was fine. the only annoying thing was losing .25 on a $15 dollar stock. for some reason that annoys me. i would have rather put that money into a stock with a larger ATR so there would be room for a larger payoff. maybe not the correct thinking, but this game is risk/reward. the problem is, you always define risk, you just never know what reward is or will be.
BIG: i'm pretty sure that is textbook.
CIE: one where it didn't work. i had the urge to figure out why this one didn't. then right now i realized, it really doesn't matter. had i taken this trade i would have lost probably .25. had i taken the BIG trade i would have gained .50-.60. its all a back and forth motion. i jut have to keep the winners bigger than the losers and hopefully have a few more winners than losers, although i know as long as my reward is 3x my risk, even with more than 50% losers, you can still be a winner. the trick is finding the winners that will payoff. my winners usually go for .40-.60.
GNTX: holy textbook action batman.
NFLX: triple time frame confirmation. i don't remember why i exited. i think i was frustrated and it was naptime for this cranky baby.
PAY: i like this trade. just not much payoff.
PVH: nice doji bottom.
QLD: first short there really wasn't a great signal. i kept shorting each new bar because i thought we may get the woosh down. i let the stops work when in reality, i should have reversed. because i was short, i didn't want to see signals that was saying, this is a long now. i need to remember stocks and markets can go up down, down up, and new highs new lows once or twice a day.
SOHU: described in comment section. i thought there was a .20 stop, wound up it was a 1.20 stop, so i closed early.
SPY: from 12/2. short stopped, long, stopped, ha. that's when you start thinking the game is rigged and how will i ever get this right.
more opportunities than i had thought. no reason to get frustrated. just trade. maybe i need to be drunk or stoned when i trade. that way i won't feel as bad with a couple losers.
Wednesday, December 1, 2010
Tuesday, November 30, 2010
SPY: late on the entry, the proper entry was on the 1245. with that entry, i would have survived the pullback that stopped me. the exit would have been the 14:15 inverted hammer. short hopefully, cover on the 1445 and long again. around 13:30, the 10 min was screaming exit but i was trying to just trade the 15min for entries and exits. after studying the chart, i realized there was a confluence of events, you had double dojis on the 10min, the TICK was over 1000, and the range chart's volume dried up. maybe those 3 events together could let me know that an exhaustion exit should be in place. but again, had i entered properly, i would have had a proper exit.
q's: blah
Monday, November 29, 2010
AMAG: Not too sure what i was thinking here.
ANF: I was thinking it was going to collapse after that consolidation area.
CRM: Nice looking short. then double bottom. when to take profits and when to let them run. tomorrow, i may try to play all the waves
FDX: Bought as it was breaking highs. something was appealing about it but i don't know what. set stup under previous candle low. exited as it ran to new previous highs. looks like it setup again later in the afternoon.
MOS: i think its a perfect short. could have exited after the doji and gone long but i was trying to catch a big down move.
qld: trying to trade the open. wow, what a crazy thing to do.
SINA: tried to short after the vertical extension. looking now, it doesn't look so vertical at all.
Today i was thinking the market was evil. much easier to earn a paycheck. this is the hardest gig ever. back and forth, back and forth. how do you string a few winners together? how do you get your winners to be more than your losers consistently? tough stuff.
Wednesday, November 24, 2010
AMZN: Some readable action in AMZN today.
ARG: From yesterday
ARG: Yesterday. I shorted as it was flowing. Covered a dollar lower. Let it pop. Shorted it again.
OPEN: sort of like TTM yesterday. Very impressive down move.
No trading today. Just watching. Every time i think my edge won't work it does. I was thinking, holiday week, not much action. But, today was a good day to trade. Also, that is coming from the point of watching and not participating. Had I participated I may have thought it was a difficult day. Even though I know there shouldn't be a distinction between the two, there always is.
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