Monday, December 6, 2010

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.


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.

Thursday, December 2, 2010

can't get NT to start up. have to put charts from today up tomorrow.

Wednesday, December 1, 2010



Lots of narrow candles on all the charts today.




SPY: I think it was a great entry. Hung out for a bit. too many narrow candles, i bailed. check out that big 5 minute bar. nice double top.

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.