Focus your mind, manage emotions, go with the flow.
Thursday, September 24, 2009
sold AONE and finishing early for the day.
sold HGSI
sold CHIP
rebot CHIP
sold CHIP will look for pullback
bot HGSI
bot CHIP
stopped out of AIG AIB
stopped out of CHTP
bot AIG
bot AIB
sold FAZ SKF for zero
rebot AONE
rebot CHTP
sold AONE
bot SKF
sold HOGS
sold CHTP
rebot FAZ
bot CHTP, HOGS
CHTP
HOGS
sold FAZ SKF . great demonstration of a "perfect" setup failing
FAZ
SKF
bot AONE sold SRS
AONE
SRS
sold AONE
Playing the probabilities of higher highs not anticipating them.
SKF
SRS
FAZ SKF TZA etc at highs
FAZ
AONE not paying attention to what he market is doing. Has been great trader today already and ramping up again.
QQQQ at low of day. if it breaks down many good shorts will result or inverse ETFs like FAZ SRS SKF will explode. On the other hand if QQQQ finds support markets will rip. Be prepared for both directions. Have a plan.
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.