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Thursday, September 27, 2012

Another day ended red as hesitated on trades.

I see my mistakes after they happen, i cannot seem to apply them real time yet.  I tend to hesitate on winners and pull triggers on losers.  On setups today i went 2 for 3.  2 GREAT winners, and 1 small loss.  I need to stop hesitating and go with my initial assessment with stops in place.

AMZN - 1st attempt on long but didn't pull trigger (RIGHT IDEA, DIDN'T EXECUTE +2.5)

NFLX - Gapfill bounce play (GOOD STOP, SMALL LOSS)

SRI - Paper traded as cheap stock but great move (RIGHT IDEA, DIDN'T EXECUTE +5%)

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