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Friday, June 1, 2012

Ended week of paper slightly red. Still no edge and making rookie mistakes.

I'm finding i really need to focus on my own plan and tune out all the noise.  Lately i've had a decent macro view but have no conviction so i find myself 2nd guessing and trading without a strong plan.  Even intraday.  Here are the lessons of today:

AMZN - Wanted to buy this blood but didn't pull trigger

POT - Bounce play fail...BUT LESSON IS I MISSED THE HIGH PROB SHORT

AAPL - Bad trade long, great lesson (but the market charged me for it)

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