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Congrats on the positive week. I see you're holding TWM over weekend... what are your thoughts going into this next week?should be an interesting one for sure!

Nice week! I think its great your total market time is about 5-10 minutes each day, haha. Keep doing what you're doing!

Man, it hurts to see you losing. I feel like I've been agreeing with everything you're saying and trading accordingly with moderate success... I liked what you wrote on Friday especially. You feel we will open higher Monday? Hold anything over the weekend?

good call. i was in and out of TWM and SRS around 3-30 i think. today was difficult. i was also short in NUE and that thing refused to go down with the rest of the market! and i agree with what you said about FXP a couple days ago, that chart isnt pretty and im ready to get out of my position...

haha yeah its crazy right now. i bought TWM around the low at the close on Friday, and then stupidly sold After Hours for pretty much nothing compared to what it was today. im so short sighted right now its ridiculous. gotta hold for those swings when they turn in our favor. i do have a small...

you seem to follow/trade the same stocks for awhile (like WTR), which i just wanted to say works for me. i feel like the more i watch the better feel i get for how they move. keep up the $making.

not bad. yeah i wish i got back in, but can you believe that sell off in SRS?! I was working most of day and came back to see that the chart had hit 150 - kicked myself, but then glad i missed sell off. Tried to buy it again around 125 but it didnt come down enough to my bid. oh well. I actually...

Yeah definitely. I bought in 130.47, sold for a little over a point gain later. Maybe too conservative. We'll see what happens. I feel like with these ETFs everyone is waiting for the downside news to come back to the table and send these to where they were last wed, thurs. but the good news...

interesting. i traded SRS intraday yesterday and was looking at After Hours too, but decided to wait til this morning. Im still kinda worried about a run here (at least part of the morning). the way it can move is ridiculous.

I like the journal. Its good to admit quickly when you're wrong and close before loss runs away from you. Smart. Question: why are your commissions so high?

yeah i picked it up AH on Tuesday too... figuring the sell off that daywas overdone. then a couple hours later - still AH -i took profit, and i kicked myself all day on wednesday and still today. cant believe how much that thing can swing. i was worried about it crashing as hard as it did last...

good day for TWM. til the end, pretty predictable otherwise.

yeah wish i stuck to my guns but gotta respect the stops. we'll see what this next week brings!

Nothing wrong with LEARNING from your mistakes and limiting your losses. you'll get it back.

porph, i want your job, where do i apply?

nice. I bet that was tough to walk away all day. I'm enjoying your journal and wish you continued success. I know from my own experience it feels good to hit those home runs (for me +1000 day), but more often than not when i tried to swing that hard it only ended up going against me for the same...

nice calls. how long you think you'd hold them. ie you already have a solid profit (as of the close Wednesday and AH) - how come not take profit today? are you looking at charts, or looking for even more bad news tomorrow?

haha im sure everybody here could contribute a good chapter to that. i got stopped out of TWM yesterday too (after i bought at 114). my stops are prob tighter than yours though. kicking myself now of course.

after doing a quick read of your journal, it seems apparent to me (and probably to you by now) that you were quite successful trading by your rules and when you broke them you lost big. this is pretty much true of every trader. its a marathon, and being positive $300+ a day aint bad.

fxp looks ridiculous! TWM and UWM move more kindly.