Frustrating losses as top ticked most failures. Need to work on better risk management as well as placing stops tighter, here's the review.
LXK - Looked strong out of the gate on huge gapdown, pleased with stop but really should have shorted
SIMO - Looked for snapback play, right idea but terrible execution and poor risk mngmt
SFLY - Looked ready to go but chased and snowballed, terrible execution of plan
Friday, July 13, 2012
Thursday, July 12, 2012
Ended day slightly green live but losses on Paper trade for a first
Great job trading today on AAPL as tried longs, the mistake i made was when nailed the entry did let my winner run BIG!
AAPL - 3 long attempts, 2 good stops but didn't stick to plan when nailed entry
LNKD - Strong in weak market, got stopped and didn't re-enter
AAPL - 3 long attempts, 2 good stops but didn't stick to plan when nailed entry
LNKD - Strong in weak market, got stopped and didn't re-enter
Wednesday, July 11, 2012
Papered well, live trade better
NFLX - Limit long but missed fill
AAPL - Followed goat long
LVS - Miss long but saw short
NTAP - Short and stopped at REsistance
NFLX - Textbook short
Tuesday, July 10, 2012
Ended barely green but the Paper trades did well
Still really working on establishing the difference of why i do so well with paper and so poorly with cash. Really refining on letting trades workout and working on not being afraid to lose.
UA - Daily alert trigger but didn't take, great momo juice
EXPE - Daily alert out of flag but didn't chase, missed great short
NTAP - Great bounce chase
AMZN - Bounce attempts but all failed
AAPL - Long failed so went short
UA - Daily alert trigger but didn't take, great momo juice
EXPE - Daily alert out of flag but didn't chase, missed great short
NTAP - Great bounce chase
AMZN - Bounce attempts but all failed
AAPL - Long failed so went short
Monday, July 9, 2012
All paper and did well, need to convert to cash
The trades:
WLP - Short the gap up
LNKD - How to take a loss when i chased
AAPL - Text book short
AAPL - Great pennant
FSLR - Bounce Chase
WLP - Short the gap up
LNKD - How to take a loss when i chased
AAPL - Text book short
AAPL - Great pennant
FSLR - Bounce Chase
Friday, July 6, 2012
Again, paper did well, live trades B/E
Notice the difference of Letting winners run to target and Cutting losers quick
AMZN - Paper chase
INFA - Faded the gap realtime, just took too small position and didn't stick to plan
NTAP - Knife catch and lost
NFLX - Great long off base but OUT TOO EARLY
AMZN - Paper chase
INFA - Faded the gap realtime, just took too small position and didn't stick to plan
NTAP - Knife catch and lost
NFLX - Great long off base but OUT TOO EARLY
Thursday, July 5, 2012
Getting some great trades in but still struggling to go live
Mainly papered today and caught some HUGE moves. Need to focus on trading and not P&L but unable to make the connection. Here are the trades:
AAPL - Long at open and wanted long again on pullback/flag to rising MA (Both high prob trades)
JAZZ - Daily alert so live long and it rolled over fast
LF - Missed long but daily screamed to chase
LVS - Perfect reversion trade that papered only
BIDU - Great long that ran
AAPL - Long at open and wanted long again on pullback/flag to rising MA (Both high prob trades)
JAZZ - Daily alert so live long and it rolled over fast
LF - Missed long but daily screamed to chase
LVS - Perfect reversion trade that papered only
BIDU - Great long that ran
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