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21-Jul Gross 84 Volume 10200 Win% 52 Ave Win 11 Ave Loss -8 Net 25 Huge wins continue to elude me. I tend to focus on one stock at a time and if it’s a winner I try to get aggressive - it tends not to work because as soon as I have a big position I can afford to have it go...

I know averaging down and not using stops is a dangerous strategy - I've had my biggest down days because of it. I usually never average down and disregard stops. But in this case the stock didn't take out previous support levels and it went down on really weak momentum - and I was desperate...

Yeah, I know its stupid - this is a strategy that more often burns you more then it makes you money. But equally stupid is making a trade solely based on emotion (fear), selling at the lows, and just watching as it bottems and goes parabolic up. The right way to have played it would be to just...

20-Jul Gross 175 Volume 7200 Win% 47 Ave Win 18 Ave Loss -7 Net 134 Up over 300 dollars from the bottem today. Came in and just overtraded lost on every stock. Then built a huge long position in AAPL, held a huge loss before it turned around. Could've held and added for a...

19-Jul Gross 32 Volume 8900 Win% 44 Ave Win 10 Ave Loss -7 Net -12 Traded like ten stocks today, don't want to list them all. Cut my losses all day, did have a few big ones though. But the thing that’s holding me back is not being more aggressive and patient with my wins and I'm...

Churnfest Gross 4 Volume 10600 Win% 45 Ave Win 5 Ave Loss -4 Net -51.8 AAPL -5 EBAY 10 KLAC 5 NEM 3 X -12 XOM 3 WTF, no volitility in the market. Basically just churned today. I'm about -9 gross for the month. I think this month will be gross positive, net negative...

15-Jul Scary Gross -147.41 Volume 16600 Win% 25 Ave Win 6 Ave Loss -5 Net -258.92 AAPL -35 EBAY 25 NEM -96 X -22 XOM -19 I got to get away from the "quit while your ahead" and "never quit when your down" mentality. Had a never quit attitude today and everything I...

14-Jul Disaster Avoided Gross 50 Volume 6000 Win% 38 Ave Win 15 Ave Loss -6 Net 7.79 AAPL -68 EBAY 32 NEM 102 QQQQ -16 Another disaster avoided today, at the low point I was down over 100 today. Sloppy trading, reinforcing a lot of bad habits (fading huge moves, not...

13-Jul Gross 204 Volume 3800 Win% 68% Ave Win 18 Ave Loss -5 Net 182 ADBE -12 EBAY 133 NEM 83 At yesterday's low point I was down about -250. Took some long positions and they went my way so I starting adding to a riding my winners and I made all my money back gross. Today I...

Thanks.

12-Jul Disaster Avoided Gross 4 Volume 10400 Win% 45% Ave Win 10 Ave Loss -8 Net -68.8 AAPL: 49 EBAY: 7 NEM: -42 QQQQ: -1 XOM: -9 The pressure was on in this morning more than ever before. I knew that I can't afford to lose more than 30 dollars and that I'm only...

I've lost intelectual interest in the market. I'm never reading another book on trading ever and I don't believe in backtesting. Anyway I'm relying on risk management to provide me with an edge. I know I lot of guys say 'try using money manage at the roulette table…" - whatever I don't buy...

11-Jul Exciting Gross -117 Volume 7600 Win% 39% Ave Win 10 Ave Loss -11 Net -171.72 AAPL: 0 EBAY: -222 MWD: 6 NEM: 26 QQQQ: 7 XOM: 66 The morning was pretty good. Was up almost a hundred dollars pretty quickly. But then I cut profits short in NEM and added...

8-Jul Boring Gross 223.41 Volume 3600 Win% 61% Ave Win 22 Ave Loss -3 Net 203.25 AAPL: -7 yuck EBAY: +217 could've made 1000 in Ebay today, saw every move coming MWD: +13 ok XOM: 0 too earlier with the short trades, got shaken out...

7-Jul Lucky Gross 17 Volume 1800 Win% 44% Ave Win 12 Ave Loss -7 Net 10.08 With the attacks and the volitility this morning I really didn't want to much trading. I saw prints that were nowhere near where the bid/ask was. Things settled down and I decided to trade NEM...

6-Jul Gross 43.85 Volume 6500 Win Rate 48% Ave Win 8 Ave Loss -5 Net 7 Made money trading/fading breakouts but cut profits too short esp in X and XOM. Not riding winners is my biggest problem, isn't there a saying traders go broke by taking profits. Tommorow I'll continue to...

I use tight stops and don't average down 90% of the time. But the 10% of the time I don't use tight stops and start averaging down usually accounts for most of my losses. Also paying about $50 a day in commision. But the biggest killer is not riding winners. As far as limiting losses to -20...

Anyway tommorow's plan is to not get knocked out out in the first round (1st hour). I can only afford to lose 20 bucks so I'll be trading light. I'll give breakouts and scalping a try.

You're right about AAPL and EBAY. I've tried low volume stocks - but the spread and liquidity risk scares the hell out of me.

Forgot to mention I was short the Qs from last week @ 37.8 in my IB account. Covered at 36.56 in the pre-market for like a $125 profit...all down hill from there.