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Friday, September 30, 2011

66% win rate, +101% daily target hit

Started the day amazing, went 2 for 2 and was well over my 100% target profit for the day.  Didn't establish discipline and walk away.  Then took 2 poor trades on much more volatile stocks and took losses on both.  Stayed focused and looked for excellent setups, and found 2 to end the day positive.  Here they are:

MON - Great short off daily support loss and great bounce long intraday

FSLR - missed 1st trade but took 2nd for gain

VRUS - Short and was right but foolish stop and too big of a position gave me a loss

BIDU - Final few trades, 1st attempt failed, 2nd attempt right but FORGOT TO LET A FEW RIDE AS IT FELL APART.

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