The Super Terrific Happy Hour
- Thread starter Max E.
- Start date
I really dont know how to explain this trade now except that its a higher low then a gap up, and its a popular trading name, im watching size go off on L2, im assuming a push to 12 is almost automatic i would normally never load up like this 2 and a half hours before open, but id be shocked if this thing doesnt push to 12 at some point, so im willing to swing some size and spin my umbrella. 
Good luck MAX! Look forward to your journal.Ive been trading for a long time, been through the highest highs, and the lowest lows, but have always been able to make a really good living when i need too. Biggest problem im having right now is that its just too easy to walk into work a couple days a week make a few k a month and just keep getting by, ive just lost ambition.
When i started trading our firm posted the top 5 traders out of 2000+, every day, and i used to fight incredibly hard to be in that top 5 every single day,id make it atleast 1 or 2 out of 5 every single week.
Then got burned by a broker once who stole all my money, had multiple systems blow up in my face, it just takes a toll on you. These days i just dont give a shit, theres no competition, nothing, im just drifting, the difference in the PNL numbers is embarassing,
I really want to get back to where i was when i started trading where i was dedicated to trading every single day, and grinding for every dollar, dedicated to "winning" like Charlie Sheen, so im thinking if i start a journal i might feel more committed.
My trading is pretty scattered in terms of what i look for, but id have to say if im looking for anything its gap ups/parabolics when it comes to stocks, and my entries are mostly based on support/resistance, then Volume/VWAP, but bottom line is Price action "Trumps" all.
Anyways, if you want to join the "super terrific happy hour" and stare at me while i spin an umbrella please feel free, hopefully we can lose a fortune together.
First tip: Buy Enron.
After many years the only thing that keeps me going is having setups (futures) that show up every day...I need to clock in every day with some purpose!
Good luck MAX! Look forward to your journal.
Thanks Bonecrusher, appreciate the kind words, and the general understanding.
Ok, you guys should be thankful, because today i created a clinic on exactly what you SHOULDNT DO in the market, i did this just for you guys.
I was up decent on a premarket long on AMD, and insted of dumping, i decided to add 15k shares at almost the dead top, wanted to have a hero call to start the journal and i paid the price for being a douche.
I was up decent on a premarket long on AMD, and insted of dumping, i decided to add 15k shares at almost the dead top, wanted to have a hero call to start the journal and i paid the price for being a douche.
My only other significant Trade was the ES, i started in short thinking there absolutely had to be some pullback going in too the weekend, who in their right mind would want to hold long with everything on the table, and a 40 point bounce off the bottom, this trade bailed me out of the AMD fiasco, but i was early, i should have crushed this alot harder, but i just started too early, thinking it would fade all afternoon. Hard to second guess this though cause it easily could have just drifted off all afternoon, im happy i was stubborn with it, exits were a little sloppy though once it was breaking down should have waited for the bottom before i started piecing out.
