Trading Journal

Today was an easy day as we knew the market will most likely bounce on the 20 MA and it did so perfectly..

My problem was I didn't let my winners run.. IBM is going trough the roof as I'm writing this.. I also should've been more aggressive.

Overall, a decent day for me but I have lots to learn..
 
As I said, the bulls bounced on the 20 MA and rallied strong. It's not time yet to jump up and down thinking the bulls are in control..

They need to follow through first and tomorrow will be a big test for them.. Will they rally again and confirm the bullishness? or will they give it all back to the bears?

Stay tuned..
 
Real Time Update:

I bought WFM

Entry: 96.97

Stop: 96.79

Market isn't doing that well but I can sense buyers lurking beneath the surface which is why I'm trying WFM.
 
Stopped out of WFM at 96.78

I'm actually pretty shocked WFM didn't work but it is what it is..

Buyers are still in this game today..
 
I do want to warn that today is selective buying.. I see some of my stocks doing very well and some not just like WFM.. Choose your stocks carefully today..
 
Today was very frustrating for me..

I'm up for the day which is a consolation prize.. Sorry, I couldn't put all my trades up cause I was pretty busy with trade management.

I had 3 stocks that either didn't work out or I again put the stop loss too tight. I'm very disappointed today.. All the stocks are working well now of course.. grrrr.

My emotions are running strong at the moment. This is where it gets dangerous..
 
Real Time Update:

I bought WFM again..

Entry: 97.49

Stop: 97.35

This stock scares me as I lost on this one earlier.. We'll see..
 
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