Only needed 1 big winner to cover multiple losses. Great Discipline today.

AAPL - Short

LVS - Long and wrong but missed the bounce

AAPL - Long off mini base but wrong

AAPL - Textbook flag under 50MA

All winners today, stick with it!

BIDU - Long off base, even through wrong, great reading the price

PCLN - Goat went long and i didn't follow, need to learn to follow

CMI - Short on reversion gapfill MA

Crappy day as every trade was a loss today

NTE - Stopped out right at support bounce

AAPL - Breakout Fakeout

TTWO - Top ticked the fake breakout

2 big losers as i took double my regular size by accident and it screwed me emotionally

Not sure how to take the emotion out as my trading has been terrible and i doubt my system.  Going to take rest of week off the regroup.
Today's hindsight:


POT - Short the weakness

AAPL - Followed short on weakness but missed quick drop

LVS - Short the reversal but wrong, missed the early day long

BIDU - Short but no clue why as looks bullish

AAPL - Right call long but terrible use of emotion took off on shakeout

AAPL chopped me, biggest red day in awhile

Tried to keep head in the game after a few big losses, thought was reading right at the time but hindsight was all the clues were there to short. 

The lessons:

GMCR - Chase nice Break

GMCR - Liked the flag so took long again.

BIDU - Reversion bounce but failed

AAPL - Gapped and flagged, looked great long

AAPL - 2nd attempt long off rising 8MA

AAPL - 3rd and final attempt, missed the OBVIOUS long

When in a winning trade, let profits ride and raise stops

Lessons of the day: Again decent stops on losers but PULL THE TRIGGER LIVE AND LET WINNERS RUN!

AAPL - Chase all time highs

BIDU - Bounce play off lows but failed, good stop but missed short

GS - Short on strength

RPRX - LESSON OF DAY TO LET WINNERS RUN

AAPL - Short counter trend

Ended day slightly red, again had some big winners but sold out of fear

I continue to struggle with my known problem of selling winners quick out of fear they'll turn to losers.  The success of today is i exited losers quickly and felt that today i noticed when a trade failed.

AAPL - Chased upgrade and was right, but didn't stick to plan

NFLX - Long off B/O of previous highs

BSFT - Paper chase long but missed the failed B/O short

BIDU - Paper short reverse pennant

CF - Long on volume coming in on B/O

LVS - Flag to rising MA fail

Potential for huge day but ended flat due to Fear of winner turning loser

Lesson of day: Stay the course, find better stops under support, let winners run.

WYNN - Great long but missed the pullback I WAS ANTICIPATING

SINA - Great gap and go, didn't stick to target

BIDU - Sloppy pennant paper long

BIDU - Liked how extended it was for a short

CSTR - Great lesson on buying gap up pullbacks

AMZN - Great indy long but shaken out

CF - Good study of buy points

All Losers today as emotions of feeling like a loser forced me to quit for day

Need to learn to not let how i feel in morning effect my trading.  Loss after loss today so i walked away when i hit my daily loss allowance.  This is happening more lately.  May need to look into getting a trading coach as i'm feeling lost for over a month or two now.

AMZN - Shorted the roll over but it was a flag, switched long and did stick to target

DE - Looked for bounce and was wrong

CMG - looked for bounce

Potential HUGE day and capped my limits

Really need to work on confidence that picking right trades, when right let them run, when wrong get out and move on.

MNST - Huge day

GOOG - Lesson on buying strong stocks when flag

Only 1 trade and terrible management

BIDU - bought and kept adding.  FAIL!

TSO - Great lesson on how to play a gap up if miss chase

Small day as focusing on building confidence

Really focusing on taking what appear to me to be decent set ups and sitting on hands to let trade work out.  I really have a BAD habit of bailing early on winning trades and riding losers until it's too late and realize it's a loser.

GS - Short off falling MA's

FFIV - 2 shorts, only 1 patience

On great entries, i have terrible exits, on bad entries i have worse exits.

BIDU - Bought the breakout but didn't exit quick enough on failure

AMZN - Short and had an amazing entry, my problem is the exit.  SIT ON HANDS!

EAT - Missed limit long so papered.  Learn to buy strength at market

PCLN - Great short lesson

GS - Lesson of the day on buying the pullback on strong rips