AMD long entry ..............MOT wtf?

I have no clue how i ended up short -200 shares in MOT. I remember looking at it but dont remember trading it. I didnt record it on my blogpage.....i dunno. probably some weird mistake while daytrading. daytrading really screws me up.
I enterd AMD. Expecting a 57 cent move on this one.

MCK entry......IXG and PXP cancelled

I liked MCK's nice breakout to the upside since the market is still in a solid trend. Ill see if my recent 50%+ probability holds up. Im sure it is owed to me "following the market trend" and a large stop loss.
I cancelled IXG and PXP for small losses since, after what feels like forever, they have done nothing.

Entries, exits, daytrades

Yesterday:
Gained .18% in a daytrade with ADM.
Lost .3% in a daytrade with AKS.
Gained 4.4% in a position trade with CMCSA.
Lost.13% in a daytrade with AET.
Entered RIMM for a position trade.

Today:
Gained 8.5% in position trade for RIMM.
Lost 1.6% in a daytrade for AEP. (1 min charts are dumb)
Gained .17% in a daytrade for A.

Hitting 50% probability just with these trades. I have had several gains just before this also, so really its well above 50% over the past week or so. The best part is....i think i know how to avoid the losses i took in the last 2 days. My mistakes were either not have consilidation (not having a pattern b/o) or not trading with a sold market trend (strong EMA's and steep TL). ALL my gains have those two things.

Trading on 1 min charts gets annoying and tedious, dont like it. i make mistakes and am forced to rush too often. but its good practice.

Good BAC daytrade

Cancelled the ABDN order on Scottrade cuz i forgot to make it "all or n0thing". then i decided not to waste my time with it and just wait for GRYE to pull back.

Gained 1.47% on a nice daytrade in BAC

nice 2.7% gain with AMGN exit today.
nice daytrade on 1 min chart with GT for a .58% gain

I decided to put my extra $100 in scottrade into another penny stock. GRYE is in a rally right now and i thought while i wait for it to come back down i could try to double my money with ADBN. I put in limit order for 950k shares at .0001 and i would try to exit all of them at .0002. It might take a month though...i got time.

ADP, AMGN, CMCSA entries

Entered ADP, AMGN and CMCSA at the open. Now everything has a generous stop loss, one big enough so that the ema's can actually act as support. I never really tried to be very risk averse but somehow my trading stays held back by my too-tightly held stops. I really want to see how my probability is now. Its just so dumb to watch your trades get stopped out when almost EVERY SINGLE ONE hits the target right after....I just got distracted for a minute cuz my red pen started leaking ink and i thought it was blood on my hand..i did happen to get my blood taken today at a clinic....i never use that red pen...what are the odds?...

Looking back at my losers for the past couple months, my main problems were stops that were too tight and not trending with the market. Im doing both now so i really want to get into more moves and just see what they all do. Holding 6 longs right now.

made stop losses bigger AGAIN

moved my current 3 stops a little farther down so that they are past recent minor low, since they are longs. once again i realized my stops are probably too tight for my trading. sometimes putting the stop just past the entry is good enough, but sometimes even more is needed. if i had been putting stops past recent minor lows then my probability would have been up around 90% for my last 8 trades that have been following the market's trend. following the market trend with ample stop-losses, doesnt get any better than that!

i was gonna put an order in for $95 worth of GRYE but its moved up to .0177, to rich for me. ill wait for it to go back down to .005. currently im up about 500% on my original 6000 shares.....and i would sell them now and get back in but im scared that a giant pump could happen since there was a HUGE volume spike recently, very very huge.

i went ahead and put in limit buy orders for ADP, AMGN and CMCSA. ill see how they go when i wake up. goodnight self.

No new entries. Made 3 daytrades and all were losses. CECO -.4%, ESI -.26%, BAC -.16%. 2 of them went directly to the target line right after i was stopped out. Just too volatile on the 1 min chart with these.

Overall my trades hung in there today. FITB is the most questionable trade that i have. Overall my trades look good i think. Trying to figure out why IPI looks "really good" and i thought its 38% fib breakout was why but now i think its just lucky.

Thanks Gabriela for all your support.

Exited CMA for 2.3% gain and HBI for 6.6% gain. I should expect larger gains than these two since they appear much less rewarding than my others. Didnt bother to look for new entries today. Mixed day for what i still hold.

Wondering if i should only enter stocks who's entry bars are showing even more strength or weakness than the market's bar. My best stocks ive held lately follow this, as well as my worst stocks lately dont follow it....hmmm......Ill keep trying to avoid my worst trades while targeting best trades the best i can.

cancelled AXP,HRB and made 3 daytrades

overall a nice day of gains. i cancelled AXP since it already hit its true target level and wasnt going back to it yet, small gain from the deal but it would have been 4.5% gain if i had my target TL a tad closer like it should have been. I also cancelled HRB since i just realized there is a weekly 20 EMA holding price down, small gain though. The main thing i have to check on is making sure weekly and daily resistance is out of the way.

Made 3 daytrades for the hell of it. Not much research at all for them but 2 of 3 did well (-0.13%, +0.37%, +0.6%) on 1 minute charts. Still very boring to constantly monitor, but good for quick practice.

Most of my current holdings are longs and look ready to make me some decent money so i just need to monitor them each day and let the market do its thing over the next week or so.

Did this daytrade just for fun. It followed all my rules except i waited for a better close past the 200EMA on 1 min chart. exit since it closed past 20ema but it did end up hitting target line. basically a great trade but i definitely would prefer daily moves instead of 1 min. having to constantly monitor this one trade was boring and hard for me to do since i get distracted easily. Bigger daily % gains and plenty of time for research, only checking once or twice a day......all sounds so much better to me. Even if in the long run i would make a little less money.
No exits or stop outs today. My AXP and CMA trades look like they already ran their course but i placed my target lines just a little farther than i should have, so ill see if they retest their targets again. Overall my 9 trades look ok.

PXP, IPI, HRB long entries

Went long in PXP, IPI and HRB. All looked great and i turned down several others. Just going with the current market trend. These have EMA's and Weekly TL's far enough away to provide nice rewards.

A fairly busy friday for me :P. Soon i will go eat at Pappadeaux with my beautiful gf.

GE entry

even though they didnt get stopped out yet, i cancelled COF, CS, PRU and TWC since their entry bars didnt break through a weekly TL (my major TL now). I did enter GE for a slightly late entry. I knew a major TL breakout would help me but i somehow stopped making sure it was a weekly TL. Out of the 8 or 9 trades i was holding, only 2 were "doing good so far" and both happened to be the only ones with weekly TL breaks. The others generally stopped or turned around once they came to their weekly TL's. I think im back on track with that. Now my setup should be pretty good, and much pickier now. Temporary dumb move on my part. Im

Im also thinking the stochastics dip in GE is usually as good as it gets for these pattern/ema/TL breakouts.


so a weekly TL needs to be broken before entry and my target will be the next weekly hi/lo or 200 EMA, whichever is closer.

ATVI stopped me out for a 2.6% loss. Just tanked after i bought it. Stocks were random today creating a flat market day. Across town during the day so no new entries. My other longs held up or gained a little after today. My shorts are looking bad (which is good since i believe i should not be in them right now). I want to see more action in the market thurs and fri so i can see how these trades do.

Ill be very happy if most of my longs right now hit their targets/shorts get stopped out if the market keeps holding its TL. If the market's TL is broken then i would enter new short trades and would want those to hit their targets while my current longs are exited/stopped out.

IXG, CMA,COF, ATVI,FITB entries

Entered IXG, CMA, COF, ATVI, FITB for longs. They follow all of my rules and are going in the still prevailing trend direction of the market. Looking for longs until market TL breaks is best idea.

Exited CBD for a 3.9% gain, kind of a role model for my current trades on how they should act. BCS and DLB were stopped out for -2.5% and -3.2%, them and others i still have are going against the market but i want to let them get stopped out so i understand how the market will treat them better.

Trend is your friend. As long as the market TL holds up, i will keep trading these quick long bursting trades.

AXP short entry

Im in the process of tweaking how i will "time my trades with the market". I entered AXP as a short today. The market barely closed past its tight TL but i want to get into the trade anyways. I want to keep getting into trades every day if i can just to see when the best ones are offered in relation to when the market breaks its TL.

A simple break of a tight trendline in a market swing is my signal of a new trend. Its looking like that will be done any day now. Im currently holding 3 longs and 5 shorts. If the market breaks its tight rising TL, my longs should do crappy while my shorts do well and i should be able to find nice short entries the day of or soon after the market obviously breaks its TL. Those are the high probability trades that i will probably be going after.

PRU entry

Turned out to be a busy, but good week for me.

Wednesday i was stopped out of NAV for over 4% loss and exited DBC for a 6.9% gain.

Thursday evening i found BCS, CBD, DLB and HBI which i wanted to enter so i went ahead and put in market orders that went through Friday morning. I decided to stop "using" hourly charts since they always looked 'good' to me. I also stopped using a break-even stop since my moves are now smaller.

Friday(yesterday) the market orders equally gave me better or worse entry prices and then i also entered PRU at the close. I think i realized how i could really "time my trades with the market". Hunting for laggards while the market is trending and only entering them once the market breaks its tight trendline. PRU is not following this completely but i wanted to see how it did in that case. It is a short entry using major TL, pattern break, triple hitter EMA break, large volume, large bar, stochastics but the market is still trending up.

i dont think i can improve much on my stock charts, but a more advanced/broader concept of timing my trades with the market is now important to me. my research will be about finding laggards now and narrowing them down to entries just like PRU, but at the right time.