3rd: No Edge

Summary

I did not play the stocks well today. My entries were piss poor and I was not able to find an edge in the majority of the stocks I played today.

Ticker: PRAH

My initial entry was bad and I had no reason to think that this would go higher because the trend did not form at all. I got psyched out on my initial short and should have risked higher.

 Note: I  need to be patient with my entry and have a plan before I enter these trades.

Ticker: HABT

I have seen something like this before where it just fades towards the end of the day. I did not let this setup work because my stop was too tight.

Note: I need to let the chart confirm that my risk has been hit instead of just assuming it has been hit. I must be patient.

Ticker: CIEN

There was no trade here.

Note: This was just a waste of commission.

Ticker: GRPN

The trade here just didn't work.

 Note: The trade didn't work and I have to accept it. I need to go through more of these trades in order to see if it is profitable or not.

 

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