On chasing stocks, today i started with 1/2 position and add on pullback.
NFLX - great long and the add saved me
GMCR - Short on test of declining 20MA
WYNN - Anticipatory long on pullback
COH - Shorted early, good call but off on timing
Thursday, March 8, 2012
Wednesday, March 7, 2012
Got my butt kicked
I'm really having difficultly from some great trading lessons using hindsight and implementing those lessons real time. Here are some great examples of mistakes that i don't see until after the mess.
AMZN - Short at previous day high, ate -.75 and switch to long to get stopped out again
EXAMPLE OF HOW TO TRADE OF PREVIOUS DAY RANGE!
CLF - Long on strength but mismanaged position
BIDU - Long on bounce of 200MA but mismanaged trade again
FSLR - Long off base but failed, missed the previous short
AMZN - Short at previous day high, ate -.75 and switch to long to get stopped out again
EXAMPLE OF HOW TO TRADE OF PREVIOUS DAY RANGE!
CLF - Long on strength but mismanaged position
BIDU - Long on bounce of 200MA but mismanaged trade again
FSLR - Long off base but failed, missed the previous short
Tuesday, March 6, 2012
AMZN was great trader with 3 trades
AMZN - Great gapdown to previous lows and bounced, then 2 shorts
FSLR - caught small bounce
NFLX - Great target short but didn't execute it, great lesson though
FSLR - caught small bounce
NFLX - Great target short but didn't execute it, great lesson though
Monday, March 5, 2012
Friday, March 2, 2012
Great day to take the week from Red to Green
WFM - Breakout long that i didn't trade as well as i should have
SINA - Short that failed but exited flat, good defense
WYNN - Missed the HUGE Long as scared to chase but @gtotoy nailed it. But i did catch a GREAT short
SINA - Short that failed but exited flat, good defense
WYNN - Missed the HUGE Long as scared to chase but @gtotoy nailed it. But i did catch a GREAT short
Thursday, March 1, 2012
Down in the dumps, loser day again.
TGT - looks extended and looked for scalp to short but tuff chop
GS - Shorted strength, damn
PCYC - Had on radar, missed long and didn't want to chase so missed another +1.50, shorted a little early and took loss but should have taken +.40. OUCH!
WYNN - Right call but had to leave
GS - Shorted strength, damn
PCYC - Had on radar, missed long and didn't want to chase so missed another +1.50, shorted a little early and took loss but should have taken +.40. OUCH!
WYNN - Right call but had to leave
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