Hands in the air...frustrated as hell, so much that i took the day off yesterday and didn't even look at the markets...although inside it was killin me. Now that is tuff discipline to not even take a peek at what the markets doing for 1 whole day. Stepped back in today and was close to +75% of my daily goal. Then put on 2 more trades and quickly got bumped back to flat and then down -72% of my daily loss max. I have no edge anymore. Even by really pulling back size and amount of trades, i'm still finding myself with a feeling of utter hopelessness. Although it just being a feeling, i don't give up, but am flirting with the idea of just shadow trading a few traders that i follow closely until i can get the swing of things again. Enough about emotions, here are the trades:
LVS - HT @gtotoy great long for +.35 on 1/2 position. I missed the classic double top to short though.
DECK - 1st short loss, then short gain, net winner
POT - Looked for reversion trades again, 2 shorts which looked great and then got crazy pushes up and stopped me out, both manageable losses but still a groin kicker.
SINA - Long on the breakout, once again HT @gtotoy room, and loved that trade. I made the cardinal sin of letting my last few losses effect my judgement. As soon as the stock pulled in -.10 cents i bailed...and the kicker was my target of +2 was hit. HONOR THY TRADING PLAN AND DON'T DEVIATE.
NFLX - Best for last, was 3 minutes early on this short, took max loss at -1 that killed my day. LESSON: WAIT FOR INDICATORS
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