Trading Journal - May

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Originally posted by moffitt
Seanote
I know that you were under the weather last week. However
I am wondering that your trading activity this week is pretty quiet.
Are you on the sidelines? Do you think that is the place to be in this market?

:cool:
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I don't think the market is in a position right now for me to take on swing trades overnight. The market seems to be reversing off it's pivot points which is great if it holds over the next week. I'm just playing intra-day swing trades for now until I feel more comfortable going back to my original strategy. I enjoy daytrading once and in a while but I can't get myself to do this all day long.
 
Originally posted by AAAintheBeltway
Seanote,

you play a cool hand...I chickened out and covered at .25.
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We're you tired of watching it or did you have signals telling you to close. That play was starting to iritate me but I made myself wait for the gap down or was ready to hold and get stopped out.
 
1) Why? (looked like big green candle right before)
2) Not stopped out at 22.52 a few minutes later, so where was stop loss?
3) the "obvious" place to sell it (to me) was 22.29 at 12:45...Another obvious was the double top...

nitro
 
Seanote,

I was seeing an awful lot of buyers line up and it was making slightly higher tops and bottoms on the swings for a couple of hours. we got a small break at 1:30 and I took it.
 
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