Monday, March 19, 2012

Tuff day and stupid mistakes

KMP - Long off open but mishandled

HES - Long off open strength but chased and wrong

GS - Short off rolling over but bad exit

AAPL - long off bounce

Friday, March 16, 2012

Decent day to end the week above weekly target.

Only a few trades today:

AAPL - Long off double bottom base break above 20MA

BIDU - Short off topping pattern

Thursday, March 15, 2012

Crappy day, wasn't feeling it and ended day slightly red

F - For breakout but didn't like price action

ECYT - For breakout play but this too rolled over, small loss

LVS - Short on reversion but wrong

SINA - Short losing 20MA

NFLX - Was watching all morning seeing setup after setup but wasn't able to execute till it was too late.

Wednesday, March 14, 2012

Over traded today, most were small losers but 2 decent winners kept me at daily goal

GS - 1st short fail but 2nd one worked

BBBY - Reversion short but wrong for small loss

AMZN - Great bounce long but took profits too quick

LVS - Short off 50MA rejection

SINA - Falling knife catch but didn't bounce like should so scratch trade

CLF - Short the double top

Tuesday, March 13, 2012

Another great day

Only 4 trades, 3 winners:

LVS - Short at yesterday highs

POT - Caught bounce but poor management for scratch trade

FSLR - My trade of the day

VMW - Wrong to short but missed HUGE LONG

Monday, March 12, 2012

5 for 5, was VERY QUICK to take profits today but hit 2x's my daily target

Tried switching it up a little today and took several small gains.  Ended the day 100% winners, but i notice by being quick on the exit, win rate goes up, but %gain decreases.  I should have had 2 winners today and 3 losers and could have yielded much higher profits from those 2 positions by letting winners run and cutting losers.
Anyways, the results:

TUDO - Faded the HUGE gapup

NFLX - Short at previous day high and long off 200MA, both winners

SINA - bounce play off 50MA, wrong but took quick profits.

LVS - Long off previous day lows

Friday, March 9, 2012

Too many trades, lost edge but stuck with plan and ended day with target hit

Some small hits, some stupid misses

FDO - Great breakout and went long but FORGOT LESSONS LEARNED JUST THE OTHER DAY

GMCR - Bought the gapdown

AMZN - Chased long after previous low held

WLT - Made the usual mistake shorting a strong ass stock

NBL - Bought Breakout

WLT - 2nd short attempt and worked but NOTICE THE INDICATORS