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Monday, April 30, 2012

Hit target and walked away...but felt was lucky and didn't have edge

AMZN - Followed @gtotoy in this one and took profits WAY TO EARLY but great call out

AMRN - Long looked good but was wrong, lucky to take off for small gain

LVS - Great entry but still a little quick on exit

Friday, April 27, 2012

Ended day green but took all winners off TOO QUICK thus red on week until i learn this lesson!!

LVS - Bottom pattern so went long but bailed at support.  LEARN TO ADD OTHER 1/2 AT SUPPORT

GS - Long off bottom but shaken out


Thursday, April 26, 2012

Green day, better trades but still not sticking to target plans

Right idea, good entries but not sticking to exit plan and getting out of winning trades WAY TOO QUICK AS I FEAR TAKING A LOSS! 3 Trades would have yielded much more profits if stuck to targets and didn't bail so quick.  LEARN!

CRUS - Long off strength but didn't add on typical flag into rising MA

GMCR - Long on 47 break, but chased a little and didn't let full profits realize.

LVS - Good entry, should have added at support instead of take loss when bounced

AMRN - Missed opportunity

Wednesday, April 25, 2012

Much more relaxed today, only took 2 trades and both for losers but kept good stops

My CPU crashed during my GS trade, took 10 minutes to get up and running, really freaked me out.  Ended up taking a loss but it wasn't due to the cpu crash, it was just not a great trade.  Great learning lesson though as 1st time that happened.

AMZN - Short on roll over, hindsight says should have bought pullback and not shorted

GS - Long at consolidation and 50MA test but wrong

Tuesday, April 24, 2012

Overtraded BAD, was way too panicky. Red day

WAY TO MANY TRADES.  Need to cut losers and let winners run.

SINA - Several attempts for crumbs

NFLX - Multiple attempts but miss-traded badly.  Need to stick to plan.

GS - Shorted into support while it was extended. BAD MOVE

X - Reversion long but too big position too fast

OIH - Used limit long and never filled BUT RIGHT ON TRADE, ERRR.

LVS - Great entry but really micro managed and didn't let winner run

AMZN - Tuff trader today

Monday, April 23, 2012

Thursday, April 19, 2012

So far 4 for 4 days of hitting daily target and walking away.

Taking quick profits all week from +.20 to +.75 and averaging 4-5 trades a day.  On target to have a killer week.

SINA - Long off pop

BIDU - Long in anticipation of previous high break

BTU - Strong out of gate so bought 1st pullback to rising 8MA

GS - Missed double short of the day

Wednesday, April 18, 2012

Daily target hit and forced self to walk away

Tuff trading today but took QUICK profits

BIDU - Long off bounce but with MA's overhead not good trade

LVS - Long off break of intraday highs

AMZN - 2 quick scalps

SINA - Lesson of the day

Monday, April 16, 2012

Hit daily goal and forced myself to walk away

Only 3 trades but missed shorting the TREND DOWN DAY

WLT - Long off strength and rolled over

BIDU - Long 1/2 and 1/2 near previous days low for quick bounce

AMZN - Bounce chase long

Friday, April 13, 2012

3 Failed attempts on same Stock so quit on a so-so red day but ENDED WEEK ABOVE WEEKLY GOAL

Overall week great with 3 Green days of +250%, 215%, and 140% of daily goal and 2 red days of -35%, and -%65 of max loss.

GS - 3 failed attempts so walked away

Thursday, April 12, 2012

Working on consistency

Decent day as started with the first few trades scratch or losses but stayed in the game.

DNKN - Bought the pullback to rising 8MA which has been working

BIDU - Bought the gapfill

LVS - Missed opportunity of the day

ILMN - Chased the bounce for quick scalp but missed the OBVIOUS SHORT

AMZN - 2 shorts for small gains

Wednesday, April 11, 2012

Many fine trades today, GREAT day

The trades:

BBY - Right idea, bad management

BIDU - Great bounce play

HEAT - Was primed and caught for quick rip

AMZN - Great base and break

Tuesday, April 10, 2012

Nice day but 1 trade pushed me up huge...The Stair Stepper

The recap:

JAZZ - Nice quick B/O play and great sell (lucky)

DANG - Top ticked and took loss, MISSED SHORTING THE LOWER HIGH

BIDU - Bounce play and wrong, missed the short too

BBY - Missed the short, caught a small bounce

HEAT - Stair step higher