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    BK's Journal of Mistakes

    Agree. But today got me thinking. And what I came away with was that there is a lot to be done around myself most of all. So, I'll concentrate on the most important part of trading - the trader...
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    Trader P/L 2008

    -$245 Will be taking a break (lenght to be determined). Haven't had a winning day since 10/10, so need to analyze and regroup. Good trading folks!
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    BK's Journal of Mistakes

    Made more mistakes this morning. In fact, last (calendar) month I've done nothing but make maistakes. Not suprisingly, the last positive day I've had was on 10/10/2008 (I disregard a +$2.18 day on 11/6, due to it being well, pathetic). My losses were far from catastrophic (ranging from $50...
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    BK's Journal of Mistakes

    No trades today. I've had a 3-day losing streak, so decided to cool off a bit. Will try tomorrow.
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    BK's Journal of Mistakes

    Thank you. Long way to go though. Loooong way... Among mistakes of the day (besides not trading in the morning), I should mention not reacting on reversals after my initial trades failed. I should have jumped on them in the other direction. Yes, yes, yes: shoulda, woulda, coulda...
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    BK's Journal of Mistakes

    MET chart
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    BK's Journal of Mistakes

    LRCX Chart
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    BK's Journal of Mistakes

    ADBE chart
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    BK's Journal of Mistakes

    To Whoever is Looking: My goal is to get comfortable trading and become profitable with 100-share positions in the next 3-4 months. I would trade in the morning (9:30-11:00 ET), go to work and trade in the afternoon (12:00PM onwards) I expected an initial struggle and lack of stable...
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    Trader P/L 2008

    Did not trade in the morning (was up late celebrating my birthday last night). Made 3 trades in the afternoon - went Long on MET, ADBE and LRCX using 100-share positions. End result? $80 loss. The week looks like this now: Mon: -$58 Tue: N/A Wed: -$80 Thu: TBD Fri: TBD...
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    Trader P/L 2008

    Still learning to be profitable with 100-share positions. Painfully slow progress, but as they say in racing "if you can't be fast with 100 horsepower, you won't be fast with 1000" :D -$58 for the day, mostly because of comissions.
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    Trader P/L 2008

    Decided to sleep in and missed the morning rush. Went to work and lacked any sort of concentration and focus. Had a MAJOR brainfade around 3:25PM and went Short on SBAC for a $0.20 loser. How the heck did I manage to miss the reversal at 2:50PM? Should I watch "Zach&Miri Make a Porno"...
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    Trader P/L 2008

    Same here, except for my net was much less well, decent +$2.81 :D I've only had one 100 share trade.
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    Trader P/L 2008

    Did not trade today. Decided to take a little break after 5 (!) consecutive losing days. Granted the worst of those days was only $93, but still I need to pull myself together and trade with my head. Will try again tomorrow.
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    Trader P/L 2008

    Another failure: -$83 2 trades, both befroe 11AM - went Long on NIHD and shorted T. both reversed almost immediately. Good thing I only use 100 shares at a time.
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    Trader P/L 2008

    Ditto...I began trading small lots (50-100 shares) myself. Decided to take it slow, real slow. I ended October positive (+$25, whoo-hoo!), but lost money throughout the year. I'll try and post here as frequently as I can. People on this forum have been very helpful and supportive in the past...
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    Get Ready For the Lunch Time Rally Off The Lows

    Gocha. You were right on the money (literally). The question now is, will it now stage another mini-rally after rolling back to 9140? And if so, how big of a rally will it really be and how bad of a pull back will follow?
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    Get Ready For the Lunch Time Rally Off The Lows

    At what point you think it's going to be done? It's at 9227 right now (fell back after hitting 9280)
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    Argh! 2 day losing streak to start my Da-Trading career...

    Heh, well I finally turned a positive trade today. Overslept and was super-scared in the morning, but made one trade and came away with a whopping $0.41 :D Many thanks to NoDoji, SchraderTrader and others who contributed valuabe advice!
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    Argh! 2 day losing streak to start my Da-Trading career...

    I wholeheartedly agree with that. I hope that I'm strong enough to withstand the losses and missed profits, but only time will really tell. I will keep you guys posted though :)
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