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Seen more bears throw the towel today... Wonder how much higher this thing goes before it finally has to come down - if I was to short it I'd wait until after the earnings come - this thing can easily run up to $35.00 before finally going back down...and earnings could be the catalyst...

It closed above 30.00 today. JPM is reporting in the morning - we'll see what happens there as things unfold in the morning... We may see dow 10K tomorrow - which again makes no sense. But again, if it makes no sense, embrace it, don't fight it....

-22.56 Change the number - post the same comment. Because all that changes in my trading is the p&l - the same mistakes are happening every day - had the perfect setup and screwed up the execution - stop losses too tight and getting out of good trades for no reason...Once I start trading...

I only trade intraday - so it doesn't really matter.... But I have to admit that I had a bias so short on this that I didn't take the breakout today and didn't even put a single trade in it today - and even with the market doing absolutely nothing this thing blew through the top of the range...

+2.47 Right idea - right sector - wrong stock. Was long JPM this morning - got out before the shit hit the fan. Got long again - hoping we'd see a breakout - again no go - did not follow my plan - should have been long WFC instead after it broke out, yet kept on looking for things that were...

"Mastering the trade" by Carter - eye opener. But deep down inside it is when you run out of things that do not work that you start making money.... I'm still finding things that do not work...:D

Averaging down is already a bad idea.With leveraged ETF it's a bad bad bad idea. The problem is that all the leveraged etf's will drop in value waaay faster than they gain and it takes a very sustained move over many days to get them back up.in this market once you have a 3 or 4 day move it's...

mon 13.75 tue -54.65 wed -0.97 thu -29.37 fri -19.45 Total for week: -90.69 Sat on my hands most of the day. Took setups that usually work but they didn't today - was patient and disciplined with entries - but again made nothing. It's a slow process, and some days I'm feeling...

Looks like it should fail - but beware of the prefabricated phony earnings that may send this thing over the top - this market is so overbough right now it's not even funny - the leaders AAPL and GS struggled today but every time someone started calling for a top we broke through new levels...

-25 Learning more things every day - today confirmed that I am a great analyst.It also confirmed that I need to go and get a pair of balls so I can take all my setups. I am seriously sick and tired of seeing trades and not taking them.

-$0.97 net Yes I lost a dollar today - only 5 trades. Stopped myself out of JPM twice before two big pushes up - over 1 and 2c (I can't believe this again) and listened to friendly advice and booked another trade too early... Still working on discipline - followed my two biggest rules...

-53 stopped out again. Back to the same errors. I have no discipline - right on the direction and lose.

+13.75 Struggling a bit with adding to positions - lost more than I made on the added shares today but could have easily been a much better day if I had taken profits faster... Only took 5 trades today, adding on 3 of them, but either added too late or did not take position off fast...

-48.20 I am confused very confused.... When stocks gap down they fill the gaps 90% of the time - same day - yet I can't take advantage of that... Neither could I act on setups that I was seeing unfolding... Very disappointed with myself - monday will be back at it with proper...

-57 Did it again - patience and discipline flew out the window and got stopped out for the day - was short this morning with poor entries and tried to pick a top on the bounce - I hate myself on days like these - have the right idea - know what to do and don't do it... Tomorrow is another day.

+7.60 net batting average for the last two days is 33% and both were positive....big change from last week....still working on eliminating the junk was up 33 this morning did not hold long enough - same story on the last trade of the day - amazing to be right twice at the onset of a large move...

+7.45 a few dumb trades and a few good ones - kept losses small this would have been a losing day last week. Have to work harder on eliminating subprime setups that I take out of boredom.... Trading new basket of stocks next month all in one sector and not all over the place expecting...

+25 Had a decent day actually and again didn't hold my trades long enough.Was in AXP at 33.32 this morning long for a quick scalp and then left the stock together to go trade some pos that I never made money with - not losing is good (for now) but making more than 50 bucks on 100 shares would...

+15.40 today. Broke the losing streak. Also almost broke something in the room today - was offering AXP at 34.00 a minute before it took the plunge ($1.20) - of course never got filled... Also got stopped out over 1c from a profitable trade and never stuck to my guts when it...

-33.60 I must be the only person that was short this morning and managed to lose money.Had 3 trades that were all 3 profitable but since I am too good to take 23 and 18 cent profits expecting to get a more (dumb fuck) I end up losing on the day. Made one good trade that saved the day from...