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Wednesday, July 20, 2011

Another loser day, but great lessons, paying for education

Looked strong off open, got long, took loss and moved on instead of setting an alert to get me back in

Took this long and had tight stop, but again didn't re-enter.  Maybe i need to work on taking 1/2 positions and adding to strength?

Then missed the 1st bounce short, chased it and got stopped out for -.50 as i didn't like all the shadows underneath.  Don't anticipate trade, wait for the stock to lead!

And finally tried shorting a STRONG stock in a weak tape, not good R/R

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