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Friday, May 4, 2012

The Learning Curve

I have made the cross from mostly paper only to every trade now being live.  I imagine will take 3-4 weeks to make adjustment but week 1 is down in the books.  2 Positive days (Mid range hit of daily target) and 3 Negative days (Low range hit of loss target) and ended week slightly green.  I'll chalk that as a success.  I notice i'm watching P/L instead of price action and not letting winners run due to FEAR OF LOSS.  Plus side is keeping share size tiny while getting it.  Here are today's trades.

AMZN - Great RS long in early morning

LNKD - Great RS long on Stair step pattern

PPO - Long with too tight of a stop

GS - Perfect example to learn how to trade

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