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04/1/09: It looks like the indexes want to start the ever popular "X-mas pattern" on the daily charts (one green bar followed by red, followed by green...etc). The indexes are stuck between a nice month long rally and a overall bear market. SPY got within .03 of filling the gap of 3/27 in...

NoD- Just want to say...... YOU ROCK! Great quarter, keep it up. Geez

Hey, thanks Nodoji-that looks great! That's the AMZN trade I took today, you can easily see the strong break below the pivot, the very small rebound from that and then my entry (and how close it came to target). I take back the wet rat comment, he doesn't look that wet at all. :D

Nod..if you please either QID 5 min chart or AMZN 5 min chart..... What is that, a wet rat?? :mad:

OC, Actually a mistake on this one...revenge trading made me go for a bigger target I think. I really only wanted a 2-1 return on this, but for some reason when I did the math my total came to 47.68 when actual target should have been 47.58. Got lucky!

If anyone (ahem Nodoji) wishes to post any of these charts in here, feel free. The visual may make it alot easier to understand. All my trades today were well within my trading plan so I can not be upset. The AMZN and QID trades are 2 of my favorites. AMZN was very close to target, but the...

03/31/09: Total P/L -276.50 5 Trades 1 win 4 losses ................................................................. 10:26 1000 RIMM BUY 43.86 *RIMM gapped up and move up from 9:30 to 9:40, then retraced for a double bottom. It rallied from there and at 10:05 put in a double top...

15:33 1000 QID EXIT 47.68 P/L +482.10

03/31/09: 15:31 1000 QID BUY 47.18 STOP 46.98 TGT 47.68 (or EOD)

14:32 1000 AMGN EXIT 50.14 P/L -213.47

13:55 250 GS EXIT 106.96 P/L -111.50

03/31/09: 13:21 250 GS BUY 107.35 STOP 107.00 TGT 108.05

11:47 800 AMZN EXIT 72.72 P/L -209.63

03/31/09: 11:13 800 AMZN SHORT 72.48 STOP 72.73 TGT 72.00

10:54 1000 RIMM EXIT 43.65 P/L -224.00

03/31/09: 10:41 1000 AMGN SHORT 49.94 STOP 50.14 TGT 49.54

03/31/09: 10:26 1000 RIMM BUY 43.86 STOP 43.66 TGT 44.26

Thank you OC, I don't know if I would say there is alot of "wisdom" in the way I trade. I actually think it is the opposite. I try to take the easiest and most basic trades I can (per my plan) and then just let the trade run its course. Here is my motto when trading: Could I teach an 8 year...

Ughhh...Yes Mommy dearest! :cool:

03/30/09: Total P/L -16.24 3 trades 1 win 2 losses Here is the beauty of trading: My first trade (DXD) stopped me out by .04, then turned and went to my target. Trade #2 (FAZ long) stopped me out by .03, then turned and went to target. Trade #3 (QID long) actually ticked to my...