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even though yesterday (fri) seemed like a very volatile day in the indexes .i parameters didn't get hit .. now ... a few did get close ...and maybe back a couple of years ago i may have entered these 'marginal' setups ..but i have learned this raises my probability for loss exponentially ...

yes you are correct ..however, at this point in the game ...i won't take a trade unless i am 95% sure i am going to make money ... i would rather sit on my hands for days and be 95% sure ..than be exposed just to get into the action .. 1/3 is about right ... give or take ..

no trades today ... i would have had a short ER trade into the bernanke pump but i was at lunch ... im also on holiday here in south beach til the 20th so my focus may not be 100% on the markets in the afternoon ... cheers ! --m

hey bwc ... my exit strategy is not mechanical ..its more much more feeling .. half the time i'll leave money on the table... half the time the price will move back down (or up) and head to lower lows (or higher highs) ... but i definitely use EMA as a target... but i never wait for price...

yes ...my parameters are still the same .... i'll post one from the very next trade ...

i can tell by the way the price stays within the envelopes ... i look for the break of these envelopes to get my entries .. usually when price trades outside these bands ..i consider it an irrational move .. everyones was a noobi at sometime ..ask away ....

Hey all. Had a couple of trades today. One in GRMN on this mornings fear candle and one on MOS GRMN didn't bounce that great and proceeded to go lower and even though the trade was profitable by over $500, I am gonna consider it a bad one. MOS. Well this one I bought the fear candle...

no trades this morning .. the PPT squeeze at the close yesterday and the gap up this morning killed all my patterns .. thought i was going to get something into the lunchtime selloff ..but it was more of a distribution sell off than a fear driven sell off .. we will wait and see what...

yuck ..well i left tons on the table ..but hey ..this is the nature of this type of trading ... very quick ..highest probability..pre determined exit strategy ... AAPL: bought the calls ..hit the bottom so only got 3 contracts in: 10:33:47 Bought 3 +APVAM at 11.550000 with KEX...

Hey all ..good Monday morning ... great start to the new year so far ... had trades in AAPL, BIDU, DRYS, MELI, SOLF, and STP ... let me close them all out and i will post .. --mark

hey i have been away and not trading ..usually slow for this type of trading anyway ... will be back at the desk tomorrow and will post trades as they appear .. thanks so much --m

hey there !! yeah ... tailored it a bit .. decided to post to the journal again ... gonna set up a live room probably .. glad ur here ..

ha .. should have held that CELG .. but thats how it goes :-))

just completed a nice CELG trade ..beautiful fear capitulation my lot sizes are smaller but more frequent ..i have found i get a better avg price on my scale... INS: 9:38:47 Buy 300 CELG at 44.40 on ARCA (300 traded @ 44.4000) Executed 9:42:23 Buy 300 CELG at 43.48 on ARCA (300...

just did a small trade in SLM .. should have laid into it a bit more ... ins: 10:03:03 Buy 300 SLM at 24.85 on ARCA (300 traded @ 24.7400) Executed 10:04:06 Buy 300 SLM at 23.79 on ARCA (300 traded @ 23.7900) Executed outs: 10:06:31 Sell 300 SLM at 24.82 on ARCA (300 traded...

hey guys .. i have had no trades yesterday .. and i would have hit GRMN this morning but my connection was lost .. my colleagues did enter with call options and managed more than a point .. again ..this month is always slow for me ...but at any point ..will discuss any trade i make...

this is something i have toyed with this year. Scaling into the position with smaller lots ... yes i have found myself with a much better average price ...

again ..this style is called capitulation trading .. as of monday ..i will post my trades again just like previous .. these weeks going into the holidays will be slow but things will pick up very quickly going into earnings .. cheers !

hey .. guys please review this journal let me know if you are interested in me posting again .. I am constructing a live room and blog for this style which should be up and running by the new year .. As the volatility in the markets have been on the rise, this style of trading gets better...