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xburbx, First time reading your journal and Im very impressed with your patience.. That's something I lack and trying to work on.. I believe 80% of trading are emotions and you sir certainly has a leg up on it.. Great journal and would love it if you can write more about the mental aspects...

I was talking to a trading buddy today and I learned quite a few things. It just reminded me that there's always something to learn in trading.. Sometimes, the information gets too overwhelming.. Anyway, I hope the bulls come out tomorrow..

Market Recap: The market had a slight pulled back today which is good but they are not out of the woods yet. Tomorrow might be a big day as either the bulls are gonna ramp this up or the bears are gonna bring it down. The reason it's very important is because the 20 MA has now become an...

Are you a profitable trader?

vinc, I did give up of WFM after 2 tries.. Today was a hard day but my eagerness to trade takes over me thus getting stopped out 4 times today.. WFM wasn't the only ones I messed up on.. As you can see, I don't follow my own rules.. I believe emotion ruins a lot of traders and that's...

WFM again acted bad and stopped me out... I'm not touching this stock anymore..

Real Time Update: I bought WFM again.. Entry: 97.49 Stop: 97.35 This stock scares me as I lost on this one earlier.. We'll see..

Today was very frustrating for me.. I'm up for the day which is a consolation prize.. Sorry, I couldn't put all my trades up cause I was pretty busy with trade management. I had 3 stocks that either didn't work out or I again put the stop loss too tight. I'm very disappointed today.. All...

I do want to warn that today is selective buying.. I see some of my stocks doing very well and some not just like WFM.. Choose your stocks carefully today..

Stopped out of WFM at 96.78 I'm actually pretty shocked WFM didn't work but it is what it is.. Buyers are still in this game today..

Real Time Update: I bought WFM Entry: 96.97 Stop: 96.79 Market isn't doing that well but I can sense buyers lurking beneath the surface which is why I'm trying WFM.

As I said, the bulls bounced on the 20 MA and rallied strong. It's not time yet to jump up and down thinking the bulls are in control.. They need to follow through first and tomorrow will be a big test for them.. Will they rally again and confirm the bullishness? or will they give it all...

Today was an easy day as we knew the market will most likely bounce on the 20 MA and it did so perfectly.. My problem was I didn't let my winners run.. IBM is going trough the roof as I'm writing this.. I also should've been more aggressive. Overall, a decent day for me but I have lots...

Stopped out of NOV.. +29 What a lousy bounce by NOV

Stopped out of IBM. Still on NOV at the moment..

Real time Update: Look at what happened today.. The market bounce from the 20MA then ferociously moved higher.. This was what I was expecting and I capitalized on it..

Please don't trade the stocks I post here: This is meant as a journal and only to educate you if you think it's valuable. I don't want to be responsible of you losing any money..

Real Time Update: I bought NOV Entry: 76.45 Stop: 76.18 Hoping for a bounce here just like what I did with IBM.. I do hate the weakness of the SPY bounce but hopefully it get going..

Real Time Update: I bought IBM Entry: 194.39 Stop : Break-even I have actually already bought this earlier and got stopped out for a 40 cent loss.. Tried it again and this time it's working..

Real Time Update: It's 9:00 est. We are gaping down close to the SPY 20MA which I have mentioned yesterday.. I can't imagine the market not bouncing there so watch out for that bounce. Be careful out there and wait for a good set-up before you enter.. Believe me, I know it's easier...