Trading Journal

Quote from mrnate22:

WFM again acted bad and stopped me out... I'm not touching this stock anymore..
More...

crystal clear you have an edge :) just give up, best you can do.. but I know you won't :)
funny how you get into this teaching manner - how one has to be careful on certain days..
give up, I'm telling you..
 
vinc,

I did give up of WFM after 2 tries.. Today was a hard day but my eagerness to trade takes over me thus getting stopped out 4 times today.. WFM wasn't the only ones I messed up on..

As you can see, I don't follow my own rules.. I believe emotion ruins a lot of traders and that's something I need to work on..
 
Market Recap:

The market had a slight pulled back today which is good but they are not out of the woods yet. Tomorrow might be a big day as either the bulls are gonna ramp this up or the bears are gonna bring it down.

The reason it's very important is because the 20 MA has now become an important support for the market and if the bears can break through that then it's gonna be a lot tougher buying stocks..
 
I was talking to a trading buddy today and I learned quite a few things.

It just reminded me that there's always something to learn in trading.. Sometimes, the information gets too overwhelming..

Anyway, I hope the bulls come out tomorrow..
 
Real Time Update:

I bought WFM again today

Entry: 97

Stop: 96.86

Trying it again today.. Let's see if this will work this time around..
 
This market has been a lot tougher to the bulls which sucks..

Being selective is even more important now than before.. I'm sad about it but it is what it is..

Either way, I bought LULU right now..

Entry: 65

Stop: 64.79

This will be a tough trade cause the market don't know which direction to go.. Sometimes its a good thing to just go to the beach..
 
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