Thursday, September 29, 2011

43% Win rate, due to taking winners off TOO QUICK, took a -75% hit of daily loss allowance

Tuff day as i didn't stay disciplined and stick to game plan.  I feel i need to learn that if the reversion method doesn't work the first few times, that it's a very strong trending day (Up or down doesn't matter) and to trade in direction of that trending day looking for small pullbacks from initial direction to take.

AMZN - 3 trades, all winners in my book but still not sticking to game plan of letting winners run and let MA targets take me out

WYNN - Wrong on long

SINA - long of anticipated bounce and wrong

AAPL - Small bounce, chased it but was quick

1 comment: