StockSlinger

Sunday, November 13, 2011

Took several trades on Friday, most were chasing and it paid off

My reversion methods are really hot and cold so trying a few different methods that seem to be working particularly well on trending days, i'm just trying to figure out before the day's end if it's a trending day!

SPRD - Great rocket ship ride on break of previous days consol...that i chased a little.

SNDK - Tight pullbacks indicate trend day, chased a little

REDF - Quick Chase as looking for quick small gain

HANS - Textbook flag intraday

Tuesday, November 8, 2011

Only took 2 trades, 1 great one, and one really bad one that had no edge

AMZN - Long was terrible trade as there was no edge/advantage. No reason to get long

GS - Short was textbook, i just keep taking off early thinking it'll turn into a loser.

Monday, November 7, 2011

Good day but still not letting winners run to Target 2 and it's costing me profits

Here's where i struggle. Trade 1 i took off prematurely not letting target 2 become realized and left quite a bit on the table. While trade 3 i took off early for profit and stayed green, otherwise i would have taken a loss. HOW DO I DISTINGUISH BETWEEN TAKING PROFITS EARLY AND LETTING WINNERS RUN?

Here are the trades:

POT - Short, Target 1 realized, target 2 hit but didn't get

ROVI - Long but too early

FSLR - Long

Friday, November 4, 2011

3 for 3 and ended early for +242% of daily target realized

What a great fast day. Here are the trades:

GMCR - 10 gallon HT to @gtotoy. Great eye on this perfect setup, strong out the gate on a gapdown day.

FSLR - Great rip and topping formation, shorted looking for +1

BIDU - Nice quick bounce

Thursday, November 3, 2011

2 for 2 today

Only took 2 trades, both great winners that hit target. Unfortunately i'm trading with "scared" money and keep jacking myself psychologically.

GS - Long but skiddish and big mistake on small gain