tag:blogger.com,1999:blog-11979530940621408182024-02-19T00:55:14.048-05:001337 TradingTrading from scratch and making it. Unknownnoreply@blogger.comBlogger136125tag:blogger.com,1999:blog-1197953094062140818.post-32158709360364675012016-08-01T12:56:00.002-04:002016-08-12T08:38:41.763-04:00No Chance<h2 style="text-align: center;">
<b>I blew it.</b></h2>
I forgot that CyGroup included the Sterling Pro bill for the current month, so the dream is over. I prepared diligently for this month and have nothing to show for it. This has been a devastating blow to my spirit and mind; but like the market, anything can happen.<br />
<br />
I really don't know where to go from here. I guess that is the life of a maverick.<br />
<br />
P.S. If you guys want more, check out Vinny's <a href="http://holeinonetrading.blogspot.com/" target="_blank">blog</a>. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-30058166366374695092016-07-29T16:35:00.000-04:002016-07-29T16:36:23.950-04:00Do or Die<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7u5sDcip1nA9nbNHgmZonKtO1R6keTb4_FPzZzjOBfRKF1HHwVFhC4zJVH60yVuBX7yNB1cbxn8rCk2F5vO8jY32V1EQOeFdieVGexH7isaWkzg8PyCWk3FFM3V476Bhm4bTkvC4AVg/s1600/blotter.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="236" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7u5sDcip1nA9nbNHgmZonKtO1R6keTb4_FPzZzjOBfRKF1HHwVFhC4zJVH60yVuBX7yNB1cbxn8rCk2F5vO8jY32V1EQOeFdieVGexH7isaWkzg8PyCWk3FFM3V476Bhm4bTkvC4AVg/s640/blotter.png" width="640" /></a></div>
<br />
<b>My Situation </b><br />
I traded like shit this month and my CyGroup account reflects it. My account will be frozen once it reaches a -$3800 balance and I have a -$3400 balance now. This means I only have $400 in my account which will be $163.20 next month after the platform/data fees. Next month is my last chance to prove to myself that I have what it takes to be a consistent trader.<br />
<br />
It will be the toughest month of my life and will determine my fate as a winner or a loser.<br />
<br />
<b>What's next?</b><br />
I have been trading for the past two years and everything has come to these final moments. My odds of surviving are slim to none given my circumstances. However, I am not going to quit. I will review everything I learned and grind my ass off next month. I will do whatever it takes to become consistent.<br />
<br />
I'll see you guys on the other side. <br />
<br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-24455130046221848262016-07-08T16:12:00.002-04:002016-07-29T16:37:37.315-04:008th: Not Respecting Stops <h2 style="text-align: center;">
Summary</h2>
<div style="text-align: left;">
I did not respect my risk and the trade took me out of the game today. This is the reason why stops are so important and why I must just get out when my risk area is hit. </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<b>Lessons </b></div>
<div style="text-align: left;">
<b>1. </b>I must respect my risk levels and know when I am wrong.</div>
<div style="text-align: left;">
<b>2. </b>I must take what I can get and not be greedy.</div>
<div style="text-align: left;">
<b>3. </b>I must play the game towards my strengths. </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: EW</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0Lx4y1V-zkhDNu8O72eBghBdQcgJSy1XME0jUuOXXtdLodMbDLok5dWAj9VNAiCFcJD8fE1x1uTgQU5KiaWhI7BBpBvPpiepToZjXyPXA0_PyouPVCEyWbgA5wRc6ulqlbfC9MEUODA/s1600/EW0.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="324" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0Lx4y1V-zkhDNu8O72eBghBdQcgJSy1XME0jUuOXXtdLodMbDLok5dWAj9VNAiCFcJD8fE1x1uTgQU5KiaWhI7BBpBvPpiepToZjXyPXA0_PyouPVCEyWbgA5wRc6ulqlbfC9MEUODA/s640/EW0.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">The daily.</td></tr>
</tbody></table>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHEE_w5grsXYvlcQ4fcy0-hCLiiieekWYyfUiqLp03X6u7OR70DLUuqATv0v1Kzby3uNpRThYK1m0WfQpF1bLH2283mveLZuuEeQQFxDMZDbAOolC54HJXDt-wXMTFxarQl-NE_r_eWg/s1600/EW1.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="312" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHEE_w5grsXYvlcQ4fcy0-hCLiiieekWYyfUiqLp03X6u7OR70DLUuqATv0v1Kzby3uNpRThYK1m0WfQpF1bLH2283mveLZuuEeQQFxDMZDbAOolC54HJXDt-wXMTFxarQl-NE_r_eWg/s640/EW1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I didn't get out when I was ahead and I just kept trying to get out at the bid when this thing was jumping up.</td></tr>
</tbody></table>
<div style="text-align: left;">
Note: I should have realized that it was going up at $103.60s. I got greedy and paid for it.</div>
<div style="text-align: left;">
Note: There was a big spread and no sellers. I thought I would get out when it retraces, but it just went straight up. I had no chance.</div>
<div style="text-align: left;">
Note: Next time I have trouble getting out of a situation, I am going to just take the loss and take the ask. </div>
<div style="text-align: left;">
<br /></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivFbLOyt3Zpm3UNFUaWIivoM-ypzKh3M_cSEY8i_OwqP72H5XHclEgyV2IDHq5NQHMs37WvZfh22t6sMbHeDlKLimaSyJUP86MoMKdlRAvjVMXERuN9A-6AdM0Hg09tZS8BXI3GdMHlA/s1600/EW2.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="310" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivFbLOyt3Zpm3UNFUaWIivoM-ypzKh3M_cSEY8i_OwqP72H5XHclEgyV2IDHq5NQHMs37WvZfh22t6sMbHeDlKLimaSyJUP86MoMKdlRAvjVMXERuN9A-6AdM0Hg09tZS8BXI3GdMHlA/s640/EW2.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I tried again and got killed.</td></tr>
</tbody></table>
<div style="text-align: left;">
Note: I should stick to my strengths and not short weakness.</div>
<div style="text-align: left;">
Note: I should review when to get out of positions. Especially if they are as clear as this one. </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: x-small;">
<span style="font-size: small;">Notice a mistake? Let me know below! </span></span></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-75648255633395822732016-06-27T16:21:00.000-04:002016-06-27T16:21:06.235-04:0027th: Breaking Rules<h2 style="text-align: center;">
Summary</h2>
Whenever I broke my rules and lost big from a trade, I would assume I couldn't trade the chart anymore because of its high price or volatility. After losing big today, I realized that there were still plenty of opportunities left and I just had to wait for the correct setup that didn't break my rules. The range problem usually disappears once the volume dies out and it is the low risk high reward setups that usually take care of the high price. Trading with 100 shares seems much more doable with the right setups.<br />
<br />
<b>What rules that I break?</b><br />
<b>1. </b>I have an unofficial rule that prohibits me from trading when I am not feeling well or tired. This is something I thought of that I probably will work on today formally because fatigue definitely affects trading in a negative way. I usually trade through fatigue because I like to trade, but I think it definitely played a part of my downfall. If I had a proper rule in place, I would have been better off. <br />
<br />
<b>2. </b>I did not manage my risk correctly and was simply not thinking in the morning. The damn chart was over $90s and I didn't even bother to calculate my risk. I went straight in like a fish and got slaughtered. I just didn't bother with risk management in the morning because I was lazy. This laziness cost me $2.00 a share.<br />
<br />
<b>How do I plan to fix it?</b><br />
This is a huge hole in my trading that must be fixed. I was totally unprepared in the morning, so I will make a list of rules I will read in the morning everyday so I don't forget.<br />
<br />
<div style="text-align: center;">
<span style="font-size: large;">Ticker: GWPH</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1FXLJw3h4oUIV1p92YcgNzLzD5RT70NWE1xiBFh7D72Z-ik1f0v42HiWnYR9MZfdc_bT0EjsjYQNX4YGsxh_v_QhEuMjiGVFtbrqZWeTnkEVcmN0yvPaIQ2ee7P5srUqcm1H1RQ7tOw/s1600/GWPH0.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="332" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1FXLJw3h4oUIV1p92YcgNzLzD5RT70NWE1xiBFh7D72Z-ik1f0v42HiWnYR9MZfdc_bT0EjsjYQNX4YGsxh_v_QhEuMjiGVFtbrqZWeTnkEVcmN0yvPaIQ2ee7P5srUqcm1H1RQ7tOw/s640/GWPH0.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">This was the daily chart. </td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: small;">Note: The news was meh at best. I knew the move was overdone because there was really nothing else for traders to do today. </span></div>
<div style="text-align: center;">
<br /></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3RF01geFGA151ttX3KsJtle3gF2LVZ7grRBRzOlmdg2ZKFBwsIR-sDH_xyC9t-eVjNJXj9v3l6O8R-GsoCBq7SfKY1AJ_kHWp7nOHUscSGmbFY6YavMR5QHS8lAeSdT3KoFvGGfGT2g/s1600/GWPH1.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="326" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3RF01geFGA151ttX3KsJtle3gF2LVZ7grRBRzOlmdg2ZKFBwsIR-sDH_xyC9t-eVjNJXj9v3l6O8R-GsoCBq7SfKY1AJ_kHWp7nOHUscSGmbFY6YavMR5QHS8lAeSdT3KoFvGGfGT2g/s640/GWPH1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">My poor plays. </td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: I should have stopped trading it after my initial fuck up. However, the urge to get back from this chart was strong. This was my biggest mistake, I should have left it alone until the chart was in my favor. </span></span></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: I realize my mistake and wait for the best setups. At this time, the volatility was high so I should have just waited for it to die down a little more for a good setup. </span></span></div>
<div style="text-align: center;">
<br /></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWiQOy_K50-p6YPBFpYjmJeuiLt8LrGfjMHhkVnKjgGVH0qHOh67l2vzIf4c8h5UxSFprHtLs41BCKGEimdWjTPyWKf7WJV9enlLHZVqSllfSuBbLGo45_ZqZtZa_5t99dNFRtaaOXHg/s1600/GWPH2.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="346" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWiQOy_K50-p6YPBFpYjmJeuiLt8LrGfjMHhkVnKjgGVH0qHOh67l2vzIf4c8h5UxSFprHtLs41BCKGEimdWjTPyWKf7WJV9enlLHZVqSllfSuBbLGo45_ZqZtZa_5t99dNFRtaaOXHg/s640/GWPH2.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Missed opportunity. </td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: Instead of taking this off my watch. I should have kept it on and waited for a good setup like this. Since I took it off because of my stupid beliefs, I missed this golden opportunity to actually make good money. </span></span></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;"><br /></span></span></div>
<div style="text-align: left;">
<span style="font-size: small;"><span><span>
Notice a mistake? Let me know below!
</span> </span></span></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-52600725532142439142016-06-17T15:39:00.001-04:002016-06-19T09:11:16.766-04:00Reset<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgl0GyYONDBT-sIhxSzEeqANeNPe7p0zrzi1C8NsqVfVebSV2hHCGp4wsoHo4LkhL_egBK1J1FEsgF3r60WGi2BxTSjeQZQI8mtY675JKSEYz3-YHgeuyLsmfkgcorYrIhi2RLmauBPAQ/s1600/DSC01395.JPG" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgl0GyYONDBT-sIhxSzEeqANeNPe7p0zrzi1C8NsqVfVebSV2hHCGp4wsoHo4LkhL_egBK1J1FEsgF3r60WGi2BxTSjeQZQI8mtY675JKSEYz3-YHgeuyLsmfkgcorYrIhi2RLmauBPAQ/s640/DSC01395.JPG" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">The moon and the sky taken in Bagnara Calabra.</td></tr>
</tbody></table>
My mind burned out from trading and needed a reset. So, I took off and traveled to Italy with a few friends.<br />
<br />
Did I have the money for that? Not really, but it was worth every penny.<br />
<br />
I went off the grid for three weeks and really tried hard to soak it all in. I learned that I didn't really need to try at all. All I needed was to relax and I never understood that until now. I worry way too much and it affects my trading. It causes me not to give trades a real shot and to get out of them prematurely. Worrying makes me a bad trader and the only solution is to relax.<br />
<br />
I'd like to thank Italy for realizing that and resetting my brain. It was much needed and I would go back in a heartbeat if I could. But
for now, I think it's time for me to trade consistently. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-22561755871245697632016-05-19T23:50:00.001-04:002016-06-27T14:34:56.133-04:0016th-19th: Poor Exits <h2 style="text-align: center;">
Summary</h2>
<div style="text-align: left;">
My confidence has been shattered and I will not be making any money until I get it back. My entries have improved, but my exits have turned into shit. I have not been letting my trades test out my ideas. I must be patient once I enter the trade and allow it to work!</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<b>What must I do?</b></div>
<div style="text-align: left;">
<b>1. </b>I must work on being patient with the trade and realize when a good exit actually is. I used to be better at my exits, but now it seems I get scared out by any type of movement. </div>
<div style="text-align: left;">
<b> </b></div>
<div style="text-align: left;">
<b> </b></div>
<div style="text-align: center;">
<b><span style="font-size: large;">Ticker: FRAN</span></b></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDwvpGo502l8drpgtg2LE4EuQT2XpnZsGswf4zkqejYMBa7Nfath-zXhf2cSCxCWvU_3vWWSogn1Fum9Zx1oSx32eFr7JRTDIEUPZw4Zc3u43zgYG9dfiEOjEp9UqDhyphenhyphen_bYhAjvkgJoQ/s1600/FRAN.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDwvpGo502l8drpgtg2LE4EuQT2XpnZsGswf4zkqejYMBa7Nfath-zXhf2cSCxCWvU_3vWWSogn1Fum9Zx1oSx32eFr7JRTDIEUPZw4Zc3u43zgYG9dfiEOjEp9UqDhyphenhyphen_bYhAjvkgJoQ/s640/FRAN.png" width="640" /></a></div>
<div style="text-align: center;">
<span style="font-size: large;"><span style="font-size: small;"><b> </b>Terrible. </span></span></div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: I was only risking 30 cents. There was no reason to cover this early. Everything was in my head because I was thinking how not to lose. </span></span></div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<b><span style="font-size: large;">Ticker: ANDE</span></b></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTlRL9mYdETKXIFlZjAfCz8RONLjoTf1bED3MzTPgaayZo4QcmqUBjOFX0PZpv3XxPO6pFTKvguvkLdZU0gptkwFsMNEiAziLsgZZVtqrv_Rf7m6Cx0btvA8yxBzbrhk5hhyphenhyphenRxFzd_rw/s1600/ANDE.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="316" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTlRL9mYdETKXIFlZjAfCz8RONLjoTf1bED3MzTPgaayZo4QcmqUBjOFX0PZpv3XxPO6pFTKvguvkLdZU0gptkwFsMNEiAziLsgZZVtqrv_Rf7m6Cx0btvA8yxBzbrhk5hhyphenhyphenRxFzd_rw/s640/ANDE.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Gapped up and missed the squeeze. Missed the pullback as well. </td><td class="tr-caption" style="text-align: center;"></td><td class="tr-caption" style="text-align: center;"></td><td class="tr-caption" style="text-align: center;"><br /></td><td class="tr-caption" style="text-align: center;"><br /></td></tr>
</tbody></table>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEifhu8SmLvFZck-Hy3sJZ78fYHkHut6ff_Bdwvj6peCAOPH5vwcnxQEJjCFfPTvghSmJjQUoC9_IIpASTZDhg5mLMvZPSSNHsAqshobDQx1fj2P_e4bG_41OkjdJkOsI5LgMMRMgblpWw/s1600/ANDE1.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="326" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEifhu8SmLvFZck-Hy3sJZ78fYHkHut6ff_Bdwvj6peCAOPH5vwcnxQEJjCFfPTvghSmJjQUoC9_IIpASTZDhg5mLMvZPSSNHsAqshobDQx1fj2P_e4bG_41OkjdJkOsI5LgMMRMgblpWw/s640/ANDE1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">My entry wasn't the best, but I was just risking 42 cents worse case. </td></tr>
</tbody></table>
Note: There was no reason to cover. <div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<b><span style="font-size: large;">Ticker: SONC</span></b></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKKW4VTNZFgs5LYHeAC76aj-V8wKW3MU565m7Ggitz23gLB9eJKMcvpx8vp_efPHduu6vBnAG7O34RnwwyjTXyD-VwwF2qRLwujgCC7YVbQPkWQx3V3bUt3S6QTT19SW1GOWdrrJcvvw/s1600/SONC.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKKW4VTNZFgs5LYHeAC76aj-V8wKW3MU565m7Ggitz23gLB9eJKMcvpx8vp_efPHduu6vBnAG7O34RnwwyjTXyD-VwwF2qRLwujgCC7YVbQPkWQx3V3bUt3S6QTT19SW1GOWdrrJcvvw/s640/SONC.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">There was a push and I got out because I panicked. </td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: small;">Note: There was a better </span><span style="font-size: large;"><span style="font-size: small;">exit and I panicked before I was able to get out at a better price. This was stupid. I should be calm when I am wrong and wait for the best exit. </span></span></div>
<div style="text-align: center;">
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<div style="text-align: left;">
<span style="font-size: small;">
Notice a mistake? Let me know below! </span></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-11957502636256041242016-05-11T10:59:00.003-04:002016-05-11T14:41:55.494-04:0011th: Wrong Risk Levels<h2 style="text-align: center;">
Summary</h2>
I am not giving the stocks enough room to breathe. This is due to poor entry and poor risk assessment. I am also not taking advantage of my long opportunities. I must realize that I can make money going both ways.<br />
<br />
<b>What will I do?</b><br />
<b>1.</b> I will take more long trades when they present themselves to me. I must be absolutely comfortable before getting to the trade. Any slight stress can cause me to play it wrong.<br />
<br />
<b>2. </b>I really must assess the risk more carefully. I developed a system to do that so I can be more accurate with my risk assessment. Once I assess the risk more successfully, I must take the trade by taking fantastic entries. I mustn't be scared that the price is close to my risk because that is the least riskiest.<br />
<br />
<b>3. </b>I will once again try writing out my ideas and will slap myself 5 times if it breaks my rules. <br />
<br />
<div style="text-align: center;">
<span style="font-size: large;">Ticker: M</span></div>
<table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgID9LnMvnOY9V6kp_Fwqz5UzFC8qG6302W2GyQvfMRJztN9N1R6Zl2Bzrk6QxxKOfZR6Kr1-6SlFHCJWCTyesKiKUxS4IGlgvlbc7WosSzv0_MjOlbgRJbAF9eMlfhytwvyw9isnCIcw/s1600/M.png" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgID9LnMvnOY9V6kp_Fwqz5UzFC8qG6302W2GyQvfMRJztN9N1R6Zl2Bzrk6QxxKOfZR6Kr1-6SlFHCJWCTyesKiKUxS4IGlgvlbc7WosSzv0_MjOlbgRJbAF9eMlfhytwvyw9isnCIcw/s640/M.png" width="640" /></a></td></tr>
<tr align="left"><td class="tr-caption">My plan should have been different and I should have risked towards $34.50s. That would have prevented a poor entry and early shakeout. I should not be adding until I am actually right and in the money. I suppose in this situation it was okay. </td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: I gave this trade no room to breathe and paid the price. I added in when I wasn't comfortable so that also led to my demise. </span></span></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: This trade would have worked out if my risk assessment was done properly. I would have had a better entry and would not have been scared out. When I short in the morning, I should short with less shares based towards my max risk. </span></span><br />
<br />
<div style="text-align: center;">
<span style="font-size: large;"><span style="font-size: small;"><span style="font-size: large;">Ticker: ZIOP</span></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsg1JXByLulawCNs_Lhi63AjretZEOBxZPAfR8PztpWREuaJ6gQlRMvUFPOfxHd4-b0fo8MykEfls9pkPXcCXxjyUwX10ukhUzpdTNgJKNGJJtauAPJFU2g7fnKldbvEmkP0HUtPiqGQ/s1600/ZIOP0.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="352" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsg1JXByLulawCNs_Lhi63AjretZEOBxZPAfR8PztpWREuaJ6gQlRMvUFPOfxHd4-b0fo8MykEfls9pkPXcCXxjyUwX10ukhUzpdTNgJKNGJJtauAPJFU2g7fnKldbvEmkP0HUtPiqGQ/s640/ZIOP0.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">The plan was to risk $9.50s over/under. It should have been fucking $9. </td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;"><span style="font-size: large;"><span style="font-size: small;">Note: Thus was shit planning on my part because parabolic moves usually push higher.</span></span></span></span></div>
<div style="text-align: left;">
<br /></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZsQywG3lUo70K_Hyn-nPhqqZLPJGPPnvx8S7pk7Cagvgx9HheMvI_2_99bOiJFyM0JcpciBLxLIQFrK9b6gWoOBt392xTsWd2bha0vDCKKz0E5t7mOMX7nJhS_Gk6PuiW3W1PztK-fQ/s1600/ZIOP1.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZsQywG3lUo70K_Hyn-nPhqqZLPJGPPnvx8S7pk7Cagvgx9HheMvI_2_99bOiJFyM0JcpciBLxLIQFrK9b6gWoOBt392xTsWd2bha0vDCKKz0E5t7mOMX7nJhS_Gk6PuiW3W1PztK-fQ/s640/ZIOP1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">How I played it.</td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;"><span style="font-size: large;"><span style="font-size: small;">Note: Terrible! I didn't even let it test $9.50s over/under. I just got scared out. This was a terrible play. If I risked towards $9, it would have been no problem because my entry would have been better. </span></span> </span></span></div>
</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">
Notice a mistake? Let me know below!
</span> </span></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-45495554615453562282016-05-08T23:59:00.000-04:002016-05-09T00:56:49.759-04:00Watchlist for 9th<u>Main Watch</u><br />
SRPT - Looking for a consolidation in the morning and continuation long from yesterday.<br />
<br />
HLF - Looking to short into any pops in the morning risking towards $66.<br />
<br />
CVEO - I will short any pops in the morning risking towards $2.<br />
<br />
EVHC - I will short any pops in the morning risking towards $24.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-2719185069621113152016-05-05T23:59:00.000-04:002016-05-06T01:40:16.477-04:005th: Stick to the Plan!<h2 style="text-align: center;">
Summary</h2>
<span style="font-weight: normal;"><span style="font-size: small;">I did not stick to my plan today. I ventured off and got my head chopped off. I must remember to always stick to my plan, always be patient with my entries, and always get out when I am wrong! I am close to figuring it out, but I am preventing myself to become successful. </span></span><br />
<br />
<span style="font-weight: normal;"><span style="font-size: small;">It's like every time I come close, my mind just shuts me down and transports me into a disarrayed state. I must figure out a way to re-focus my mind when this happens. </span></span><br />
<br />
<b>My plan -- The few ways to reset?</b><br />
Going to the gym is my way of bringing my mind back to a peaceful state. This may be the best method for me because it's been tried and proven. <br />
<br />
Getting away from the computer is definitely a proven method to bring my mind back to focus. However, as my mind wanders, I don't think I can come back. <br />
<br />
Worst case is maybe watching a movie or playing a game. However, these are time wasters if not done properly.<span style="font-weight: normal;"><span style="font-size: small;"> </span></span><br />
<br />
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;">Ticker: RYAM</span></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjORtIVShSbwGxRUGuEHKNH4fYE-WFgfiTD2ePsrHajWxFEBNEtc7pHF1zlaMyidwslH93FjXbtQH8olDF4dLubGbpmuz7Pk2VZL2UhOF2hoCm3DlwRD8HEM7MTFU1jpDTsO8E3uVfo5w/s1600/RYAAM.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="346" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjORtIVShSbwGxRUGuEHKNH4fYE-WFgfiTD2ePsrHajWxFEBNEtc7pHF1zlaMyidwslH93FjXbtQH8olDF4dLubGbpmuz7Pk2VZL2UhOF2hoCm3DlwRD8HEM7MTFU1jpDTsO8E3uVfo5w/s640/RYAAM.png" width="640" /></a></td></tr>
<tr align="left"><td class="tr-caption">I changed my plan as soon as I got in. My share sizing was based on a different plan. I should have got out as soon as I was wrong. Every second I wait is money drained from my account. </td><td class="tr-caption"><br /></td></tr>
</tbody></table>
<br />
Note: I must stick to my original plan. It's okay to get out if I am wrong because I can always get back in. My goal should always be to manage risk. <br />
<br />
Note: I had a chance to get out earlier so I should have. I must take every opportunity the market gives me. <br />
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;">Ticker: VNET</span></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8gYn_T7cjooDU8NGuZQ8gJLa-LWW1bGEDVGKtCyNPlCg3IqpXBawFLzO0prHcOwyzVzQyq56mKK5NXlJj6-tJG0WszHR48MBntQY43z8KbrtCkTYh3fxez3lp58Ctv2cB0BynSfQFvw/s1600/VNET0.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="328" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8gYn_T7cjooDU8NGuZQ8gJLa-LWW1bGEDVGKtCyNPlCg3IqpXBawFLzO0prHcOwyzVzQyq56mKK5NXlJj6-tJG0WszHR48MBntQY43z8KbrtCkTYh3fxez3lp58Ctv2cB0BynSfQFvw/s640/VNET0.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-size: large;"><span style="font-size: x-small;">I thought the stock will find some support at $19.</span></span></td><td class="tr-caption" style="text-align: center;"></td><td class="tr-caption" style="text-align: center;"></td></tr>
</tbody></table>
<div class="separator" style="clear: both; text-align: center;">
</div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNg4mDzN5r8ZuCjoyFwRpFxGzjBityuIZqv6wLOEHqT568BuUtxuLBZNN_6r2xq276WCoexf3R4_ypNDznC4Pd82RUcojoM_O_GrntG-JCmqLog9c0n15nrjR3mxbrewbyOj9O0gxS3A/s1600/VENET1.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNg4mDzN5r8ZuCjoyFwRpFxGzjBityuIZqv6wLOEHqT568BuUtxuLBZNN_6r2xq276WCoexf3R4_ypNDznC4Pd82RUcojoM_O_GrntG-JCmqLog9c0n15nrjR3mxbrewbyOj9O0gxS3A/s640/VENET1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I was late too the party and played this with no setup. </td></tr>
</tbody></table>
Note: I should be patient and wait for the setup to come to me. I rushed and got a poor entry. If I feel the need to rush, I should take a step back and not take the trade. <br />
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;">Ticker: MUR</span></span></span></div>
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwDaANo3vXqnM6QjB6NgjEce9KnyJvnJAAh4F7ArguHs2IWQzk5uTYNFJdE2v8etIUTlwV3H_JoxlKhusydc7RjCDskNIgxG0t1dLVM38QoSRnnPcHdltXOCQiAIrXwYnHw7T9hk5dWQ/s1600/MUR.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="326" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwDaANo3vXqnM6QjB6NgjEce9KnyJvnJAAh4F7ArguHs2IWQzk5uTYNFJdE2v8etIUTlwV3H_JoxlKhusydc7RjCDskNIgxG0t1dLVM38QoSRnnPcHdltXOCQiAIrXwYnHw7T9hk5dWQ/s640/MUR.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Random stock.</td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;"><span style="font-size: small;">Note: I must stop playing these random stocks with NO setup or plan.</span></span></span></span></div>
<div style="text-align: left;">
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<div style="text-align: left;">
Notice a mistake? Let me know below!
</div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-70391472913144562452016-05-05T00:57:00.001-04:002016-05-05T00:57:56.758-04:00Watchlist for 5th<u>Main Watch</u><br />
WFM - Looking to buy out of the open and risking towards $28.65s over/under. Any dips afterwards if it trends upwards.<br />
<br />
RYAM - Will be looking for a weak open and risk towards. If it pops, I will see if it peaks around $13.60s and risk $13.75s.<br />
<br />
<br />
<u>Side Watch</u><br />
TSRA - If it opens weak, I will short because I think there will be some profit taking like the other times.<br />
<br />
TPUB - Offer by Gannett was rejected, I am interested to seeing how the stock will react to that. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-44646800193100514902016-05-03T23:59:00.000-04:002016-05-04T23:40:26.074-04:00Watchlist for 4th<u>Main Watch</u><br />
SRPT - Looking to short on weakness in the morning. <br />
<br />
TSRA - If it opens weak, I will short because I think there will be some profit taking like the other times. <br />
<br />
<u>Side Watch</u><br />
AAPL - I think a consolidation like today and a continuation from yesterday is appropriate. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-21630320594553527282016-05-02T23:14:00.001-04:002016-05-02T23:16:38.690-04:002nd: Terrible Trading <h2 style="text-align: center;">
Summary</h2>
<div style="text-align: left;">
I had a head start again in the morning and turned it into shit. I think my plans for the morning has become a bit better while I don't have any plans for the afternoon. If I want to play the afternoons, I must start scanning for stocks that I think will have a run in the afternoon. Stocks like SRPT where the daily chart didn't look half bad with a solid thesis behind it.</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
A trade with a thesis is something <a href="http://holeinonetrading.blogspot.com/" target="_blank">VinnyB</a> always stresses and I agree. I think I am not doing well in the afternoon is because I never made any plans for those trades. They are ALL random! </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<b>What will I do?</b></div>
<div style="text-align: left;">
After today's loss, I have developed an aggressive money management strategy that is based on my current account size. It will help push the pace of my trading progress and help me finally define my risks/rewards where before I had nothing.</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
I will only play stocks I have a plan on. No more afternoon plays with no solid plans. I know I said it before, but now I must mean it. I will fail if I continue what I am doing and my account will reflect it. I have been reviewing my watchlist and some have been working. I will continue to post these and improve it as time goes on. </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
I have discovered some of my ways to waste time and will eliminate them from my life. Time is a precious thing and I must use every second productively. </div>
<div style="text-align: left;">
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<div style="text-align: center;">
<span style="font-size: large;">Ticker: DRYS</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzTNUm2oogLLE8ankKOlMH1XXLd5hKRdouTWv6m7dS1_LLwrU1RjqAghoMQR59_gSmb_sOecqsy9V_XQx9Id9UrHmwk80BONtCYmW47HL2rs3YHc1ScsGpRlecNk-MtFZp-56EB5bvMw/s1600/DRYS.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="346" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzTNUm2oogLLE8ankKOlMH1XXLd5hKRdouTWv6m7dS1_LLwrU1RjqAghoMQR59_gSmb_sOecqsy9V_XQx9Id9UrHmwk80BONtCYmW47HL2rs3YHc1ScsGpRlecNk-MtFZp-56EB5bvMw/s640/DRYS.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-size: large;"><span style="font-size: x-small;">I shorted cause I just thought it was an unwarranted pop. There was no plan here. </span></span></td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: There was no solid plan here. It's a type of chart I should stay away from. It took back the money I made from it.</span></span></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: There are times I know I am wrong and the chart gives me an opportunity to exit. I must take those opportunities. </span></span></div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: BRCD</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEfgw1u0bNoZZQrhmFNpiN17zIkGKVgD-HsTdu1iFvfVWWImShi2h1_2zaG6LdaF7yo5U5b6ajcBsFdlPO32FLrRwdybq6CS-YY2loELvsh8Dy9tjVM88JzzmX2qs-XmClNcJ5VvboHA/s1600/BRCD.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="328" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEfgw1u0bNoZZQrhmFNpiN17zIkGKVgD-HsTdu1iFvfVWWImShi2h1_2zaG6LdaF7yo5U5b6ajcBsFdlPO32FLrRwdybq6CS-YY2loELvsh8Dy9tjVM88JzzmX2qs-XmClNcJ5VvboHA/s640/BRCD.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-size: x-small;">I had no plan here and entered poorly. I got out because I realized that. </span></td></tr>
</tbody></table>
Note: SSR was on so I should have been patient when I missed my opportunity in the first minute. If I miss a trade, then I miss a trade. I must not chase it!<br /><br />Note: I must realize that a bad entry is no go. If I miss a trade, then I simply miss a trade!<br />
<br />
<div style="text-align: left;">
</div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: ULTR </span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgj4sdir1gf6x5Z923Br8wIVRMlHQ07cDLB5QIxRYuKhGg5TEviGLxT-dIK_gOL6GXs2PBskXrKewEscFisVM-82gPBfgs_FJ_eyy0LWutZr6rt5ShsJLDG2iTEVylW9CQK0cAU2wWJvg/s1600/ULTR.png" style="margin-left: auto; margin-right: auto;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgj4sdir1gf6x5Z923Br8wIVRMlHQ07cDLB5QIxRYuKhGg5TEviGLxT-dIK_gOL6GXs2PBskXrKewEscFisVM-82gPBfgs_FJ_eyy0LWutZr6rt5ShsJLDG2iTEVylW9CQK0cAU2wWJvg/s640/ULTR.png" /></a></td></tr>
<tr align="left"><td class="tr-caption"><span style="font-size: x-small;">I saw an ABCD pattern here and decided to give it a shot.
This was NOT a good play because the 15 minute chart did not support
it. The pattern was broken and I still didn't get out.</span></td></tr>
</tbody></table>
Note: I noticed that ABCDs work when Cs last longer. This is because it has a longer time to consolidate. The plays I play are usually good shorts.<br />
<br />
Note: I was given a gift by the chart to get exit and I didn't take it like an idiot. I was there hoping and that got me killed. I must realize when my idea doesn't work to GET OUT!<br />
<div style="text-align: left;">
<br /></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmyup9TmG7ruPDb9HDjYQebHQKI-PHFgsd46sj8bsrdEnfhjDADHE_xXwjdD9mYbzHTJQc5H_gKXzvLl-7-RJJeREByLxMZKXIKVaqhJfiHSaNMpqVUFXJ8gkYXd3V14h8q1EMYaw1zw/s1600/ULTR1.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="328" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmyup9TmG7ruPDb9HDjYQebHQKI-PHFgsd46sj8bsrdEnfhjDADHE_xXwjdD9mYbzHTJQc5H_gKXzvLl-7-RJJeREByLxMZKXIKVaqhJfiHSaNMpqVUFXJ8gkYXd3V14h8q1EMYaw1zw/s640/ULTR1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I got killed for playing the lull.</td></tr>
</tbody></table>
<div style="text-align: left;">
Note: I was looking for a short, but got killed. It wasted 3 hours of my life and had no volume. I shouldn't play this bullshit.</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
Note: My original plan was to see $0.55s peak, but I just rushed into the trade. I must WAIT for the trade to come to me!</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
Notice a mistake? Let me know below!
</div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-75294325339401546442016-04-30T15:08:00.000-04:002016-05-01T15:21:42.545-04:0029th: Lucky Win<h2 style="text-align: center;">
<b><span style="font-weight: normal;">Summary</span></b></h2>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;">I was lucky today that it was a red day for the SPY. Otherwise, I would have fucked up badly.</span></span></div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;">Ticker: GILD</span></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhu2oinx8Gs5qLXZqX3wilMMWpEEcps6VEYRBmBNUI76y9PBwjkTaOozgTCgl7NoAnP43h9PZ0wKQy4Tkg2gNfF26h2JIE7zFs3QxGH42ytAnK4d35wRSdIoKswKNyS7C6XlKMDg_11fw/s1600/GILD2.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="348" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhu2oinx8Gs5qLXZqX3wilMMWpEEcps6VEYRBmBNUI76y9PBwjkTaOozgTCgl7NoAnP43h9PZ0wKQy4Tkg2gNfF26h2JIE7zFs3QxGH42ytAnK4d35wRSdIoKswKNyS7C6XlKMDg_11fw/s640/GILD2.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">The idea was that it was going to head lower. This was on my watchlist. </td></tr>
</tbody></table>
GILD - I'll short on weakness in the morning for a quick washout. Otherwise, I will wait for a pattern to form afterwards to either go long if a trend forms or short.<br />
<br />
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvOMLVjrGuuIrBynTSdrN_SzqINt2fG2Rl1GFi4Rl4Q-tp44BD01tOf3Y472Lm0dxWQVoiXtq-BUaP9xlWrmjbVNYPMobVeXVqgm32Xa0ietMnu5vpOcvFtvXxuLIh-DzJnR66TEYgOg/s1600/GILD3.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvOMLVjrGuuIrBynTSdrN_SzqINt2fG2Rl1GFi4Rl4Q-tp44BD01tOf3Y472Lm0dxWQVoiXtq-BUaP9xlWrmjbVNYPMobVeXVqgm32Xa0ietMnu5vpOcvFtvXxuLIh-DzJnR66TEYgOg/s640/GILD3.png" width="640" /></a></td></tr>
<tr align="left"><td class="tr-caption">I didn't follow my plan at all because I did not take my profits for a quick washout. I did not cover to break even when it went against me. I didn't do anything like an idiot. </td></tr>
</tbody></table>
Note: I should take account on what the pre-market did to see how the morning would react. The drop was already big, so I guess I could have guessed for some kind of bounce.<br />
<br />
Note: I was way too slow to take profits and was in too much size due to the no odd lot restriction. I was already in a losing situation when I decided to play this stock. The best I could have done would be instantly cover if it didn't work and cover quickly if it did work. I did neither and lost big because my plan was NOT defined.<br />
<br />
Note: The morning losses affected my play significantly on the trades after. My mind was no longer with me and I just took what I could instead of looking at the big picture.<br />
<br />
Note: I should wait for the trade to come to me and if it doesn't, then it doesn't.<br />
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: SRCL</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFH04zJ18sa53dGOmJWJCBDZ8jdfIgB1z8D_guYUe4c9V-3AiGxFjsCLetmN5wqQS6kI9xrkgLf3NKewWFFFPneIXP1-Ye27BhonhkLutSdYtyGH3mlaxnfNqz8mxO8KIETnUS1nKfWQ/s1600/SRCL.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFH04zJ18sa53dGOmJWJCBDZ8jdfIgB1z8D_guYUe4c9V-3AiGxFjsCLetmN5wqQS6kI9xrkgLf3NKewWFFFPneIXP1-Ye27BhonhkLutSdYtyGH3mlaxnfNqz8mxO8KIETnUS1nKfWQ/s640/SRCL.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">My prior losses definitely affected my play here. </td></tr>
</tbody></table>
Note: I should be objective and should not let emotions affect me after a significant loss. I must have a solid game plan before entering trades.<br />
<br />
<div style="text-align: left;">
Note: I covered way too early in my first trade and should have added in given the trend it was in. My second exit was decent, but I should have anticipated for the $95 break really before covering.<br />
<br />
Note: I was just happy I didn't give up trading for the day after the first trade. I just kept going saying that I can still make up. </div>
<div style="text-align: left;">
<span style="font-weight: normal;"></span><b><span style="font-weight: normal;"> </span></b> </div>
<div style="text-align: left;">
Got something to say? Say it below!
<b><span style="font-weight: normal;"> </span></b></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-10414397817942966892016-04-28T19:27:00.001-04:002016-04-28T19:27:34.960-04:00Watch for 29thI must remember consistency is the key. I must continue these watchlists to give myself the best chance of success.<br />
<br />
<u>Main Watch</u><br />
ORIG - If oil looks weak tomorrow, then I will be looking to short the open or any pops afterwards.<br />
<br />
DRYS - I will short at the open if it looks weak tomorrow risking towards $4.<br />
<br />
GILD - I'll short on weakness in the morning for a quick washout. Otherwise, I will wait for a pattern to form afterwards to either go long if a trend forms or short.<br />
<br />
<u>Side Watch</u><br />
BCOR - I will be watching for a continuation and will be getting in on any consolidations. <br />
<br />
<br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-24674435851714592142016-04-26T13:27:00.000-04:002016-04-27T08:02:39.008-04:0026th: Poor Risk Assessment<h2 style="text-align: center;">
Summary</h2>
<div style="text-align: left;">
<span style="font-weight: normal;"><span style="font-size: small;">I played some hard stocks to get ahead today, but I gave it all up because of what? I had no reason to play anything after 11am and the setups were terrible. What the fuck am I trying to prove here? My stops aren't even in the right place. Why the fuck am I not letting the chart prove itself to me?</span></span></div>
<div style="text-align: left;">
<span style="font-weight: normal;"><span style="font-size: small;"><br /></span></span></div>
<div style="text-align: left;">
<span style="font-weight: normal;"><span style="font-size: small;">When I am wrong, I will know it. I can't anticipate being wrong because I don't know if I am wrong until I am wrong! I must let the trade pan out. </span></span></div>
<div style="text-align: left;">
<br />
I have two more things to work on and they are:<br />
<b>1.</b> Setting up the correct risk for each trade. There is no excuse for not doing this because my position sizing has been getting better.<br />
<b>2.</b> Actually let the risk test out before getting out. Usually, the trade either works or I can get out at a better price than the bottom or top.</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: center;">
</div>
<div style="text-align: center;">
<b><span style="font-size: large;">Ticker: DD</span></b></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtdWNrDWripEILl1yX6LoryGFo6_gbTO2X7lXiFHOg8hSC2IO2imVeTIrM6nFU6BN9XEc6k7gOl-pHf0TclX36r-M_73ZzqB0Na2vsJzcWm8BvP51t3wEaVB8HIscufu44lMT4BWf0eQ/s1600/DD.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="308" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtdWNrDWripEILl1yX6LoryGFo6_gbTO2X7lXiFHOg8hSC2IO2imVeTIrM6nFU6BN9XEc6k7gOl-pHf0TclX36r-M_73ZzqB0Na2vsJzcWm8BvP51t3wEaVB8HIscufu44lMT4BWf0eQ/s640/DD.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">The risk should have been $67. I did not learn my lesson from fucking last time. </td></tr>
</tbody></table>
<br />
Note: All my troubles would have been gone if I had risked towards $67 over/under. I got scared by the stuff and did not give the chart the chance to prove me wrong. <br />
<br />
Note: Even stuffs can fails. Everything in the market can fail and I must realize that. There is nothing that is 100% and I must let the chart prove it to me. <br />
<br />
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<b><span style="font-size: large;">Ticker: WHR</span></b></div>
<div style="text-align: center;">
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsgvUt6aTl2GKfcjWh4RmSy7JcI4P87plgRs-D1V37fO8nFkqDVbU6BVYEUWh5EWoRxWNvFDOaT9FGqVQbcYakg2nWfDD6d6nwfqTRykXAsKDhsHmu6rNaK1iXdCoJQNbW0JhtJQdv2A/s1600/WHR.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="310" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsgvUt6aTl2GKfcjWh4RmSy7JcI4P87plgRs-D1V37fO8nFkqDVbU6BVYEUWh5EWoRxWNvFDOaT9FGqVQbcYakg2nWfDD6d6nwfqTRykXAsKDhsHmu6rNaK1iXdCoJQNbW0JhtJQdv2A/s640/WHR.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I fucking shorted into a fucking dip. WTF was I thinking?</td></tr>
</tbody></table>
<div style="text-align: left;">
Note: I was not paying attention to the 5 and 15 minute charts. WTF was I thinking shorting this when I should have been relaxing</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
Note: I really shouldn't be playing anything after 11 or even near 11 because that's when I have been statistically proven to fail. Why the fuck did I play this? I had nothing to prove at this point. </div>
<div style="text-align: left;">
<br />
Note: There was no volume! </div>
<b><br /></b></div>
<div style="text-align: center;">
</div>
<div style="text-align: center;">
<b><span style="font-size: large;"><b><span style="font-size: large;">Ticker: PRGO</span></b></span></b></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgw1L6MGUzi6zKzm8XVxMPc-4S1ke-i1K8OMR85CyFEgTW1V6cys3bopDzNz7-61MvKdy7RKH0Sg3I3TpCurhKuy90hcOyRv3aWrE2Aihp9sfp6Wb8O1E4XegL3R6GZiGO6HOTcVCgm_w/s1600/PRGO1.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="324" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgw1L6MGUzi6zKzm8XVxMPc-4S1ke-i1K8OMR85CyFEgTW1V6cys3bopDzNz7-61MvKdy7RKH0Sg3I3TpCurhKuy90hcOyRv3aWrE2Aihp9sfp6Wb8O1E4XegL3R6GZiGO6HOTcVCgm_w/s640/PRGO1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">THERE IS NO PLAY HERE!</td></tr>
</tbody></table>
Note: When I am feeling like shit after a bad play. I will shut down my computer.<br />
<br />
Note: There was NO PLAY here and even when there is NO PLAY, I must exit out my position PROPERLY by letting it test $100 over/under.<br />
<br />
Got something to say? Say it below!Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-84923199249885711142016-04-25T23:59:00.000-04:002016-04-26T01:55:08.146-04:00Watchlist for 26thI must continue to be consistent in order to get better at trading. <br />
<br />
<u>Notes </u><br />
I didn't expect AMD to fall like that today, but given the charts history, it is something I should have anticipated. The chart gave a good setup for a short and I wasn't prepared for it.<br />
<br />
EBIO was a clear miss because I disregarded it since it was on my side watch. I must review all my watch list charts in the morning or else I wasted my time.<br />
<br />
<u>Main Watch</u><br />
VKTX - I am still looking for either a gap towards $2.20s or parabolic towards there. Same plan as yesterday. Consolidation with volume pop and long or gap and short.<br />
<br />
MCUR - Same plan with VXTX, but will be looking for that consolidation or fade/reclaim in the morning if it doesn't gap. <br />
<br />
PRGO - I will be looking for a STX style bounce in the morning and more fades.<br />
<br />
XRX - Same thing as PRGO. I will be looking for more fades after a bounce in the morning.<br />
<br />
LGCY - Looking to short into any stuffs in the morning and risk towards $3.<br />
<br />
<u>Side Watch</u><br />
NEOT - I might short if it looks weak. <u> </u><br />
<br />
<br />Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-85899847330971317222016-04-25T13:08:00.000-04:002016-04-25T13:09:05.257-04:0025th: Stop Too Tight<h2 style="text-align: center;">
Summary</h2>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;">I missed out on a huge move, because I planned my risk like an idiot.</span></span></div>
<h2 style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><b></b></span></span>Ticker: PRGO</h2>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilk5phgWeg4y5hzkW7b0buMP_KtZ68Zw0v4bv1K1tEtWI33qTqDr8R-8DLbiBL7VCW2ANlghB4AOV5ZJPnjMI9gzhoY1gjzSefMYohGBXvLUuo_d369MQ01OHjvp7yZekz2fVK4O_kZQ/s1600/PRGO.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="308" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilk5phgWeg4y5hzkW7b0buMP_KtZ68Zw0v4bv1K1tEtWI33qTqDr8R-8DLbiBL7VCW2ANlghB4AOV5ZJPnjMI9gzhoY1gjzSefMYohGBXvLUuo_d369MQ01OHjvp7yZekz2fVK4O_kZQ/s640/PRGO.png" width="640" /></a></td></tr>
<tr align="left"><td class="tr-caption">Looking to short the bounce and I got in a bit early. I had good sizing, but I had the wrong risk. I risked high of day instead of risking off whole and dollar marks. </td></tr>
</tbody></table>
<div style="text-align: left;">
Note: I should risk off of whole and half dollar marks for higher priced stocks. </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
Note: I should be watching higher time frame charts for higher priced stocks. </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<div style="text-align: left;">
<span style="font-weight: normal;"></span><span style="font-weight: normal;"></span>Notice a mistake? Let me know below </div>
</div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-4102309746077033252016-04-24T17:56:00.000-04:002016-04-24T18:00:28.448-04:00Watchlist for 25thThis is my first published watchlist in a while. I will only focus on well thought out ideas from now on.<br />
<br />
<u>Main Watches</u><br />
AMD - Looking for continued breakout. <br />
<br />
VKTX - The daily looks okay, but really looking for some volume after consolidation to play long. If it gaps and already goes, I'll be looking to short around $2.25s+.<br />
<br />
NGL - Looking for a pop and will short risking high of day.<br />
<br />
<u>Side Watches</u><br />
EBIO - Not sure yet on what to do.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-90440332552021334402016-04-21T13:22:00.000-04:002016-04-21T13:24:32.795-04:00Playing Not To Lose<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="http://www.skillgamee.net/wp-content/uploads/2016/01/skillgamee-win-prizes-3.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://www.skillgamee.net/wp-content/uploads/2016/01/skillgamee-win-prizes-3.jpg" height="295" width="400" /></a></div>
<br />
Nothing has changed. I have not learned from my own lessons and every trade I've been taking has been reinforcing my bad habits. I can't blame anyone but myself. My head is not in the right place because I have been playing not to lose.<br />
<br />
My cycle has become losing confidence when I trade poorly, not trading when I lose confidence, and trading scared when I trade. This is the cycle to failure and I need to snap out of it. I must assume that all the money I put in the market is lost and trade with no pressure. Even if a trade doesn't work, it doesn't matter because there will always be a next trade. I just have to make sure my plan minimizes risk and trade correctly.<br />
<br />
I have noticed that my two biggest problems right now have been my poor entries and sizing. These are the biggest culprits of how I am losing the majority of my money. These are the only two problems I will fix until they are eliminated. Once they are, then I will move on to my other problems. <br />
<br />
I have been talking a lot of bullshit lately and haven't been taking action. Now I will take action. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-61499851220025284722016-04-21T08:50:00.000-04:002016-04-21T08:50:20.006-04:0018th,19th: Don't Short Weakness<h2 style="text-align: center;">
Summary</h2>
<div style="text-align: left;">
<span style="font-size: small;">I must keep working hard on eliminating my bad habits and building more confidence for my trading. The only thing left that is keeping me from winning is myself. Every minute I spend NOT sharpening my skills is time wasted and I don't have a chance in winning if I slack off. I might be laughing it off now, but I guarantee myself that I won't be laughing anymore if I blow it. </span></div>
<div style="text-align: left;">
<span style="font-size: small;"><br /></span></div>
<div style="text-align: left;">
<span style="font-size: small;">I have to realize that the time I have now is a gift. I am the luckiest person in the world right now with a golden opportunity to succeed. There is no excuse to fail.</span></div>
<div style="text-align: left;">
</div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: C</span><br />
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhzwG1ZRg6vZq6iXqqBEl8BelH8k8kee7apaS18JabBuRRuBLiXJqV5b4er8aVifi1wkCK0InaC22t1T8sxf_wcfbFENpAnE8ss7jGpei-4KcKVyUOiQI4YNMlenyazVsfEmzm37wl5g/s1600/C0.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="292" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhzwG1ZRg6vZq6iXqqBEl8BelH8k8kee7apaS18JabBuRRuBLiXJqV5b4er8aVifi1wkCK0InaC22t1T8sxf_wcfbFENpAnE8ss7jGpei-4KcKVyUOiQI4YNMlenyazVsfEmzm37wl5g/s640/C0.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">How the chart looked like on the daily. </td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: small;">Note: The chart looked good for more weakness.</span></div>
<div style="text-align: left;">
<span style="font-size: small;"> </span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwOukFPr3kdwvHKfv13FrL3Q1LwS9rkE02E2bDJHx6JE0cEDjOptuLl5FXj6IhO0BwiXY608WjZ14YGE8qDPAoPJf6vunoJCor20ZazwYZfd7OXtib6utemQN7Er5a4zY5jFHytVgzsw/s1600/C1.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="308" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwOukFPr3kdwvHKfv13FrL3Q1LwS9rkE02E2bDJHx6JE0cEDjOptuLl5FXj6IhO0BwiXY608WjZ14YGE8qDPAoPJf6vunoJCor20ZazwYZfd7OXtib6utemQN7Er5a4zY5jFHytVgzsw/s640/C1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I should have realized the higher low coupled with the fact that the market was going higher and covered earlier. </td></tr>
</tbody></table>
<div style="text-align: left;">
Note: Covering earlier and eliminating my risk should have been my top priority. The action it gave me screamed that it wanted to go higher. Also the fact that the market was ripping upwards was a clear sign to get out.</div>
<div style="text-align: left;">
<span style="font-size: small;"> </span></div>
<div style="text-align: left;">
<span style="font-size: small;">Note: I must take whatever the market gives me and react accordingly. </span><span style="font-size: large;"><br /></span></div>
</div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: PTCT</span><br />
<span style="font-size: large;"><span style="font-size: small;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXmXYydO7wTVK5r8dTfB1iQles_zLT6vBO3qJJ4eihJHVGBln8lVIQP2zIZg_9ozxPau8KVjZWJpEItNdehk8phSxmNh1U6nfLXdxhMJtszMECU1coeKvnuw_4fGdPThU64_mwvT0CQQ/s1600/PTCT0.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="292" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXmXYydO7wTVK5r8dTfB1iQles_zLT6vBO3qJJ4eihJHVGBln8lVIQP2zIZg_9ozxPau8KVjZWJpEItNdehk8phSxmNh1U6nfLXdxhMJtszMECU1coeKvnuw_4fGdPThU64_mwvT0CQQ/s640/PTCT0.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">The daily chart</td></tr>
</tbody></table>
</span></span></div>
<div style="text-align: center;">
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: The chart had some good potential of pushing up.</span></span></div>
<div style="text-align: left;">
<br /></div>
<br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLYkbbIeH5j2tdfsFJ8R6igdvn5VddeTaEh7tt6bZdJnqM48k3DFbZ8hRlOZzsrFpJb3srkYYZW9-C4Wrh8Tkg1rDwdFyngnGXx1vHmGioUtI_8mS95TehRyzgHbbxtPH3XpX6r8vm8g/s1600/PTCT1.png"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLYkbbIeH5j2tdfsFJ8R6igdvn5VddeTaEh7tt6bZdJnqM48k3DFbZ8hRlOZzsrFpJb3srkYYZW9-C4Wrh8Tkg1rDwdFyngnGXx1vHmGioUtI_8mS95TehRyzgHbbxtPH3XpX6r8vm8g/s640/PTCT1.png" /></a><br /><span style="font-size: x-small;">Horrible entry.</span><br /><div style="text-align: left;">
<br /></div>
</div>
<div style="text-align: center;">
<div style="text-align: left;">
Note: I had no business playing this chart and had the worst entry I could possibly get. Luckily I noticed and got out early. <span style="font-size: large;"><br /></span></div>
<br />
<span style="font-size: large;">Ticker:NFLX</span><br />
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2SCVFcrSvIqRHvVDv071Hqac6_8tbKhAoRauJyg0ZpJdE9IzgzY6PN9KxNTkL3HYX5_UPW_JZZMlUW7Y8DVZj59FqEH_RVsdBu-wQvgErXGyRnT4AEFZ32DhFNNLF0J37nMlUwj5IzQ/s1600/NFLX.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="306" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2SCVFcrSvIqRHvVDv071Hqac6_8tbKhAoRauJyg0ZpJdE9IzgzY6PN9KxNTkL3HYX5_UPW_JZZMlUW7Y8DVZj59FqEH_RVsdBu-wQvgErXGyRnT4AEFZ32DhFNNLF0J37nMlUwj5IzQ/s640/NFLX.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Horrible plays overall.</td></tr>
</tbody></table>
<div style="text-align: left;">
Note: I shorted weakness for some reason and on a stock with SSR on. I didn't have wide enough risk and my risk vs. reward for each were horrible.<span style="font-size: large;"><span style="font-size: small;"><br /></span></span></div>
</div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: PM</span><br />
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVgDWQ6F0cYwc8OABDftKCjW6jtbW2k_2D_Qg89BX_c5EJX5o0bdSA2L2TkkwwukT_UdE0PXzujUzqHqWUgzMDFdAcvCNsdcc5GYjQJw1cA7CMA_7hAaDLvoWq0vbmgAfb3KG4oWyCAg/s1600/PM.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="308" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVgDWQ6F0cYwc8OABDftKCjW6jtbW2k_2D_Qg89BX_c5EJX5o0bdSA2L2TkkwwukT_UdE0PXzujUzqHqWUgzMDFdAcvCNsdcc5GYjQJw1cA7CMA_7hAaDLvoWq0vbmgAfb3KG4oWyCAg/s640/PM.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Horrible plays again</td></tr>
</tbody></table>
<div style="text-align: left;">
Note: What the fuck? I keep shorting weakness and longing pops. This should have been eliminated from my trading.</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
Note: I keep rushing into trades. I must chill and be patient. </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<div style="text-align: left;">
<span style="font-weight: normal;"></span><span style="font-weight: normal;"></span>Notice a mistake? Let me know below! </div>
</div>
</div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-5866704016006795222016-04-16T15:15:00.000-04:002016-04-16T15:15:40.022-04:0011th-14th: My Thoughts on Market Conditions <b style="font-weight: normal;"></b><br />
<div dir="ltr" id="docs-internal-guid-c4288f44-2078-b9e0-2adc-fe3544dc4024" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">The only way to succeed is to be consistent<b>. </b></span></b></div>
<div dir="ltr" id="docs-internal-guid-c4288f44-2078-b9e0-2adc-fe3544dc4024" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<br /></div>
<div dir="ltr" id="docs-internal-guid-c4288f44-2078-b9e0-2adc-fe3544dc4024" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">For August 11th</span></b></div>
<b style="font-weight: normal;"><br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Market slowing down and it looks like it may fall back down towards $201 to test resistance. It may be time to look for shorts and prepare for a bearish outlook.</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Oil bounced back up and may go higher if it breaks $40. Let’s see what happens when it tests $50 and and $43. Bullish outlook for now.</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Gold is coming back slowly and want to retest the $1260s level. Since the market is looking weak, we may see a resurgence in gold. </span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">For April 12th</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">A lot of consolidation for the market, but it is starting to looking bearish. Probably want to look at the $201 resistance.</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Oil may breakout to test $43. We shall see. Bullish outlook so far. </span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Gold about to hit resistance. I still think it can go higher. </span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">For April 14th</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">The market has spoken and will be going up for whatever reason. I am guessing a $211+ test is possible. I should be on a look out for a bullish market.</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Oil seems to have doubled topped and will be reversing.There is a channel between $35 to $42.50s and I will be looking for it to test $39 before it makes a decision on what it wants to do.</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: Arial; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Gold has hit resistance at $1260s and coming back down. I want to see it test $1205 to see what happens next. </span></div>
</b>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-10405373174838603902016-04-14T23:58:00.003-04:002016-04-21T21:11:46.734-04:0014th, 15th: Huge Miss<h2 style="text-align: center;">
Summary</h2>
<div style="text-align: left;">
<span style="font-weight: normal;"><span style="font-size: small;">Something is definitely wrong with my psyche. I sized in correctly and still covered prematurely. There are two problems here, and those are my rules and execution. I am still developing a system for my trading and figuring out the best entry/exit strategies. Based on what I've seen, every day is different so some strategies work better than others. It is up to me to figure out the best course of action per trade. </span></span></div>
<div style="text-align: left;">
<span style="font-weight: normal;"><span style="font-size: small;"><br /></span></span></div>
<div style="text-align: left;">
<span style="font-weight: normal;"><span style="font-size: small;">The type of play today was one where I could have held and added in on any pops as long as it didn't reclaim a level of support. I failed to adapt to that and missed heavily. </span></span></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;">Ticker: STX</span></span></span></div>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;"><span style="font-size: small;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnEhUaL7104853nYf2WGyQTxaLqKQHStLX1f91qRA0V1RWaYQWSwDh6_gk__zihrY1ma7dUDWe12efq6Y1lxtYjPOEQK5hZOvPlzQjz2H1TrY1GAh4veDaIMEqpXVGPGhT_lwGAA63og/s1600/STX.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="310" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnEhUaL7104853nYf2WGyQTxaLqKQHStLX1f91qRA0V1RWaYQWSwDh6_gk__zihrY1ma7dUDWe12efq6Y1lxtYjPOEQK5hZOvPlzQjz2H1TrY1GAh4veDaIMEqpXVGPGhT_lwGAA63og/s640/STX.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I got in early and was risking high of days. These are setups that I know that usually just fades all day and yet I cover early. </td></tr>
</tbody></table>
</span></span></span></span></div>
<div style="text-align: left;">
Note: The area I covered should have been the area I added to my position. There was no reason to cover here based on the the type of play and the action. </div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
Note: For these types of charts, I should add to my positions. </div>
<div style="text-align: left;">
</div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;"><span style="font-size: small;"><span style="font-size: large;">Ticker: INFY</span></span></span></span></span></div>
<div style="text-align: left;">
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYQHZetME9e9Z0dzqJFggqZnMOXyRQ9TAUk-IduJ5T_BGuc5JRPUhNiyili6zyMZHsSHPSiRwWauDGA75EsR07aS3HJE181FrcB6M6zAHVN7bYwoNWFU8_uhXGV0U5LdLtORV4n5IN0Q/s1600/INFY.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="306" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYQHZetME9e9Z0dzqJFggqZnMOXyRQ9TAUk-IduJ5T_BGuc5JRPUhNiyili6zyMZHsSHPSiRwWauDGA75EsR07aS3HJE181FrcB6M6zAHVN7bYwoNWFU8_uhXGV0U5LdLtORV4n5IN0Q/s640/INFY.png" width="640" /></a></td></tr>
<tr align="left"><td class="tr-caption">I bought the breakout instead of the dip on this stock and that was absolutely the wrong move. There was no momentum to buy the breakout. </td></tr>
</tbody></table>
</div>
<div style="text-align: left;">
Note: If a stock has no volume, then it is safer to buy the dips. The only time I should buy breakouts if there is a stock going parabolic. <span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;"><span style="font-size: small;"><span style="font-size: large;"></span></span></span></span></span><br />
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;"><span style="font-size: small;"><span style="font-size: large;"><br /></span></span></span></span></span></div>
<div style="text-align: center;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;">Bonus Missed Play: WDC</span></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXs47oLDY45_ikjW0y-BTF9k2MJKYA9SarxEBuj7Ox8lFBGlwikkZfKudWrMeG0eeetQW-kCMa4GNLAQWJzLpw_NMj7Xpwezf31wxxky3QmD_uiqLPV5ed58Q4zu4I88J4UgOJpGoblQ/s1600/WDC.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="308" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXs47oLDY45_ikjW0y-BTF9k2MJKYA9SarxEBuj7Ox8lFBGlwikkZfKudWrMeG0eeetQW-kCMa4GNLAQWJzLpw_NMj7Xpwezf31wxxky3QmD_uiqLPV5ed58Q4zu4I88J4UgOJpGoblQ/s640/WDC.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I missed an entry on this chart as well which should have been a simple start with a risk towards $42.40s.</td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-weight: normal;"><span style="font-size: small;"><span style="font-size: large;"><span style="font-size: small;">Note: I should be focused and be playing these charts. I must be prepared in the morning.</span></span></span></span></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-weight: normal;"></span><span style="font-weight: normal;"></span>Notice a mistake? Let me know below! </div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-42569552556541969372016-04-13T00:57:00.000-04:002016-04-13T00:57:59.591-04:0011th: Let it Test!<h2 style="text-align: center;">
Summary</h2>
<div style="text-align: center;">
I did not let the resistance test out as it should.<br />
<h2>
Ticker: UEPS </h2>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGg_WuwRM0Ir-8KMqJy8kFi2uvgg7u0xzOFN2F7IPjGesImoG4CYL_whmdcg-3uePsveR6bHimOWbbSsIt3kNtKItsXpGrqwgl-39X0eK8n7-CXhoxVEOlwgmJnCyrLK7gC8_v0sTqAw/s1600/UEPS.png" style="margin-left: auto; margin-right: auto;"><img border="0" height="306" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGg_WuwRM0Ir-8KMqJy8kFi2uvgg7u0xzOFN2F7IPjGesImoG4CYL_whmdcg-3uePsveR6bHimOWbbSsIt3kNtKItsXpGrqwgl-39X0eK8n7-CXhoxVEOlwgmJnCyrLK7gC8_v0sTqAw/s640/UEPS.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I played this chart after it popped. I got scared too quickly because I played too much size.</td></tr>
</tbody></table>
<div style="text-align: left;">
Note: Watch size.</div>
<div style="text-align: left;">
<br />Notice a mistake? Let me know below! </div>
</div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-31656634032137863682016-04-09T22:47:00.001-04:002016-04-15T00:01:38.992-04:00Piss Poor Trades #4<h2 style="text-align: center;">
<b><span style="font-weight: normal;"><b>The Road</b></span></b> </h2>
<div class="separator" style="clear: both; text-align: center;">
<a href="http://www.fansofflanders.be/~/media/Images/Blogs/5_January_2013/09012013_Amanda_Heggestad/BlogAH5_BLOG.ashx" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://www.fansofflanders.be/~/media/Images/Blogs/5_January_2013/09012013_Amanda_Heggestad/BlogAH5_BLOG.ashx" height="266" width="400" /></a></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: small;"><span style="font-weight: normal;">I made a series of disastrous trades that have led me to a dark path. I didn't report them because I just felt ashamed of these trades. I tried to do an internal review, but I realized that's just half-assed and isn't good enough. I must post a full review so I UNDERSTAND what I did wrong and to never do it again. These are career ending trades.</span></span></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: small;">There are times when traders lose big and it is how they bounce back that shows whether they have improved. It is now my time to see if I can really make it in this business. </span></div>
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<br />
<br />
<b>My Problems</b><br />
<br />
<b>Problem #1:</b> I missed many trades and I grew angry how I keep missing them. This is because I am unprepared in the morning when I have my morning charts set on 15m instead of 1m or 2m. This is because I am unprepared by scanning charts instead of planning for the trade.<br />
<br />
<b>Solution:</b> I have to realize that this is my business. I must be a professional.<br />
<br />
<b>Problem #2:</b> I have played charts with no edge and enter them at the worst times. I have no plans on some of my trades. This is because I've grown impatient and desperate. I know I am running out of time and am forcing trades.<br />
<br />
<b>Solution:</b> The market is a <a href="http://traderfeed.blogspot.com/2015/10/the-real-reason-we-trade-emotionally.html" target="_blank">bitch</a> and I should treat it as such. I must be a professional. <br />
<br />
<b>Problem #3:</b> My execution has become sloppy. I exit a stock even when I am winning. This is because I do not believe in myself and get scared when the markets move one way or another. I have become scared of the price movement.<br />
<br />
<b>Solution:</b> I will believe in myself from now on even if I am wrong. I must be a professional. <br />
<br />
<b>Problem #4:</b> I have become angry, frustrated, and play too much size.<br />
<br />
<b>Solution:</b> I must chill and take one trade at a time. I must be a professional. <br />
<br />
<div style="text-align: center;">
<span style="font-size: large;">Ticker: GBSN</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCeeUGLDecmWzfwv7_BfMlPrADpwVHHh2-E-MIE0PfII83uo8xrEhEo5w1qqmUDip7blq5ygx-N2sZek1ynw9X4uU3fmfju0QvDdSwZvZwRYZqU83Xm6_FIF-bovIlvmIGf4pNCAy5oA/s1600/GBSN.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="340" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCeeUGLDecmWzfwv7_BfMlPrADpwVHHh2-E-MIE0PfII83uo8xrEhEo5w1qqmUDip7blq5ygx-N2sZek1ynw9X4uU3fmfju0QvDdSwZvZwRYZqU83Xm6_FIF-bovIlvmIGf4pNCAy5oA/s640/GBSN.png" width="640" /></a></td></tr>
<tr align="left"><td class="tr-caption">I should recognize the situation that this was not an unexpected parabolic move and the consolidation would take much longer to form.</td></tr>
</tbody></table>
<span style="font-size: small;">Note: I must be focused on my trades and make sure all my tools are in working order.<br />Note: I should not play the a rebound off a non-parabolic stock after a huge flush. </span><span style="font-size: large;"><span style="font-size: small;"> </span></span><br />
<span style="font-size: large;"><span style="font-size: small;">Note: I should not short randomly especially towards power hour. </span></span><br />
<span style="font-size: large;"><br /></span>
<br />
<div style="text-align: center;">
<span style="font-size: large;">Ticker: LSTR</span></div>
<div style="text-align: center;">
<span style="font-size: large;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQIC-F-Gi5ancFPxQOH_x6Eld9DIxyTH0vJT1q_xo3kESBomHbW2o9tpQqO88gViiX8la3R5P0pByPe_YQwCIIY51PapwpCKpdFRu8lLFcjQcq7KedmsUS2HICb7hUuI1D56k3SG9EfA/s1600/LSTR.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="304" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQIC-F-Gi5ancFPxQOH_x6Eld9DIxyTH0vJT1q_xo3kESBomHbW2o9tpQqO88gViiX8la3R5P0pByPe_YQwCIIY51PapwpCKpdFRu8lLFcjQcq7KedmsUS2HICb7hUuI1D56k3SG9EfA/s640/LSTR.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-size: x-small;">I should have recognized the recovery and the pattern and stayed away from the short.</span></td></tr>
</tbody></table>
</span></div>
Note: I should be away during these times or at least more focused. I should not be fucking around during trading. <br />
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;"> </span> </span></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: RPTP</span></div>
<div style="text-align: center;">
<span style="font-size: large;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwq5p1c2TSYgBX5WIiuVZ9Y3g0Xxv-QgrGdXRWkGiwtBKRZQV7YhwclSbOcJI_CsRlnpxotoawVZjAyplJXjDoqNr1Bzwg630_9fMAh9jEePZ4xPwCI11Mm0ruq04ngzJSqQGT_ZF_oA/s1600/RPTP.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="342" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwq5p1c2TSYgBX5WIiuVZ9Y3g0Xxv-QgrGdXRWkGiwtBKRZQV7YhwclSbOcJI_CsRlnpxotoawVZjAyplJXjDoqNr1Bzwg630_9fMAh9jEePZ4xPwCI11Mm0ruq04ngzJSqQGT_ZF_oA/s640/RPTP.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-size: x-small;">Just a random trade from an unexpected parabolic.</span></td></tr>
</tbody></table>
</span></div>
<div style="text-align: left;">
Note: I gotta take a step back and understand the full picture. This was towards the end of the day and power "fucking" hour. I should not be fucking shorting because there was no more time. <span style="font-size: large;"><span style="font-size: small;"><br /></span></span></div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: MOMO</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjS7OgzI9UG7QbmpR0a3510ubjUIC3w0XFrjUrh9Kz5YbLjJA0p_oxDnq9AQ-UK7iBYvg2bsVX6o2ijYnhwRXV9R8aN69YNjfiL5Zz2gwuFo8RXzLGZE675wj-VeFkP8Gqh1XvRuicrRA/s1600/MOMO.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="310" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjS7OgzI9UG7QbmpR0a3510ubjUIC3w0XFrjUrh9Kz5YbLjJA0p_oxDnq9AQ-UK7iBYvg2bsVX6o2ijYnhwRXV9R8aN69YNjfiL5Zz2gwuFo8RXzLGZE675wj-VeFkP8Gqh1XvRuicrRA/s640/MOMO.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">These trades were a disgrace.</td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: small;">Note: There was no volume and no trend. I should have stayed fucking away. I did even worse because I shorted on weakness and covered tops! </span><span style="font-size: large;"><span style="font-size: small;"> </span></span></div>
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: If I have to hope for something in the market, then I already lost! </span></span></div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: VZ</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIaR1x7beJKvPTjI7FyBY0xuI1RRLzILW9qU_NZKimlKTlIPqpS1eiz0-zFAEDV6YI0eItEBieD_UVUpvS10kQZrE4ZHMtvzORuNgKRNR3g5Vnyk9tJa9UZv2OPvHW7r7m_0P1_vBCnA/s1600/VZ.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="336" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIaR1x7beJKvPTjI7FyBY0xuI1RRLzILW9qU_NZKimlKTlIPqpS1eiz0-zFAEDV6YI0eItEBieD_UVUpvS10kQZrE4ZHMtvzORuNgKRNR3g5Vnyk9tJa9UZv2OPvHW7r7m_0P1_vBCnA/s640/VZ.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Random trade on fucking Verizon</td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: small;">Note: If I traded this, then I know I am fucking desperate. There was no trade here at this fucking time. At this point, it was my emotions controlling me. </span><span style="font-size: large;"><span style="font-size: small;"><br /></span></span></div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: UA</span></div>
<div style="text-align: center;">
<span style="font-size: large;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdGeOY4Djhgh4tX5Wgx18XjAFYckfPTp8qXiFsBaAACHgbHKL22RtnhcacTBPK8Mf_TT0IaPCDkD-wlxHUIAlhCsgnBOKS-q49zQQJMg71MMZCsOTY_7NcxjPU7IX2C5Akn2HmH1lOwQ/s1600/UA.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="302" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdGeOY4Djhgh4tX5Wgx18XjAFYckfPTp8qXiFsBaAACHgbHKL22RtnhcacTBPK8Mf_TT0IaPCDkD-wlxHUIAlhCsgnBOKS-q49zQQJMg71MMZCsOTY_7NcxjPU7IX2C5Akn2HmH1lOwQ/s640/UA.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I need to recognize this pattern quick cause it fooled me so many times. </td></tr>
</tbody></table>
</span></div>
Note: I should not be scared of price movement and be objective when I exit a trade. There was no reason to sell that early because it didn't even test $44 which I wanted it to. <br />
<div style="text-align: left;">
<br /></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;">Note: The second trade didn't even breakout when I bought it. Another sign of desperation. </span></span></div>
<div style="text-align: left;">
<span style="font-size: large;"><span style="font-size: small;"><br /></span></span></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: SRPT</span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivLJ3YFjfbkdHYpNzP5qNEhlyEotUkxZ-Eq2SUY3mCi7zvq_xfdStip_03aH3slErI2QT54A3REcgTYp-poK5UhwZiNaNIUgiGtwafFafDJnsPgmzxM278eQuoVsqpY0LSx7KBwm0lSQ/s1600/SRPT1.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="338" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivLJ3YFjfbkdHYpNzP5qNEhlyEotUkxZ-Eq2SUY3mCi7zvq_xfdStip_03aH3slErI2QT54A3REcgTYp-poK5UhwZiNaNIUgiGtwafFafDJnsPgmzxM278eQuoVsqpY0LSx7KBwm0lSQ/s640/SRPT1.png" width="640" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">I shorted on weakness and was stubborn.</td></tr>
</tbody></table>
<div style="text-align: left;">
<span style="font-size: small;"> Note: I must follow my plan or else I will just be giving money away. </span></div>
<div style="text-align: center;">
<br /></div>
<div style="text-align: center;">
<span style="font-size: large;">Ticker: VSLR </span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJN7kPx_CRkc2N1m8qOGqe2z2z5lNgcMayPY0JgS9Fd8cyu0pzWzZvAbTo6CraWwEcGK4UqUDULGeo0LmjIZU4eWMitmWNeL_nwRp7BkqV08t9EINYw6B9cdAFhagJ-u6RQV82Ri9tlw/s1600/VSLR.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="358" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJN7kPx_CRkc2N1m8qOGqe2z2z5lNgcMayPY0JgS9Fd8cyu0pzWzZvAbTo6CraWwEcGK4UqUDULGeo0LmjIZU4eWMitmWNeL_nwRp7BkqV08t9EINYw6B9cdAFhagJ-u6RQV82Ri9tlw/s640/VSLR.png" width="640" /></a></td></tr>
<tr align="center"><td class="tr-caption"><span style="font-size: large;"><span style="font-size: x-small;">If I have a plan for my risk when I leave, I should also have a plan for my potential profit.</span></span></td></tr>
</tbody></table>
Note: I shouldn't be leaving when I have a lot of size in play. I should have a plan for if it succeeds when I leave. At least get out partial if it does what I want.<br />
<br />
<b>Lesson #1</b>: SHORT POPS; BUY DIPS!<br />
<b>Lesson #2</b>: DON'T PLAY TOO MUCH SIZE!<br />
<b>Lesson #3</b>: DON'T ADD IN UNLESS YOU ARE WINNING!<br />
<b>Lesson #4</b>: IT'S OKAY TO LEAVE EVEN IF YOU LOSE!<br />
<b>Lesson #5</b>: UNDERSTAND THE BIGGER PICTURE!<br />
<b>Lesson #6</b>: FOLLOW MY OWN FUCKING ADVICE!<br />
<br />
Notice a mistake? Let me know below! Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1197953094062140818.post-88297682531623513872016-04-08T17:40:00.001-04:002016-04-08T17:42:57.216-04:004th, 6th: My Thoughts on Market Conditions<b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">I have<b> </b></span></b><span style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">problems with consistency because these reports should be done daily. I must take a look at my schedule and my habits to solve this. </span></span><b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;"></span></b><br />
<b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;"><br /></span></b>
<div dir="ltr" id="docs-internal-guid-c4288f44-f7cd-5a40-dfd1-2fb4f9b80eee" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">For April 4th </span></b></div>
<b style="font-weight: normal;"><br /></b>
<div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<b style="font-weight: normal;"><span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">I’m surprised. SPY is bullish and wants to go test $213s again. Before it does that, I think it consolidates a bit more before it does that. So prepare for choppy markets.</span></b></div>
<b style="font-weight: normal;">
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Oil has definitely slipped. I guess the run was just a squeeze before going lower. I want it to test and peak $38.50s before declaring it bearish. It can definitely drop like a rock so find some overextended oil stocks and short short short!</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Gold is consolidating. I may be interested in shorting it if it peaks $1185s. Maybe it consolidates a bit and gives us some sideways action before making its move higher or lower. </span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">For April 6th</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Market is definitely still choppy and looking to go higher since it based $204s. I shouldn’t be playing any stocks with no volume or clear trend. </span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Oil has bounced and is heading towards resistance at $38.50s. I still want it to peak there before making any moves.</span></div>
<br /><div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;">
<span style="background-color: transparent; color: black; font-family: "arial"; font-size: 14.66px; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; vertical-align: baseline;">Gold is choppy and consolidating. I have a feeling it wants to go lower since the market wants to go higher. We shall see what happens. </span></div>
</b>Unknownnoreply@blogger.com0