CBD short entry

Fairly quiet day but i squeezed out this pretty good looking entry. I had to play Karate Champ on NES until the market close neared. The bar could have closed below the daily 25 EMA a little more but i think it only pulled back a little from its low cuz it tanked really bad in the morning so people naturally took their profit. but it started to ease back down enough for me. the risk to reward is great on this one, over 1:5 !!....we'll see what happens.
i am holding 4 trades now going into the weekend. i will keep using my current watchlist plus add more from research over the weekend. this week was short and slow and the old watchlist still looks pretty good, why waste it? ill just double down on the watchlist size for next week.

Nothing looked good at all to enter today. Only holding DBO, DBC and CHKP. Moved DBC stop to break even and everything looks ok so far.

CHKP short entry

Fairly low volume for the day. It is a jewish holiday. The bar signal im considering this to be was not already on my list but its obvious to me that i shouldnt have skipped this trade. Im considering the last four bars to be a new signal but not sure yet...

holding 3 trades right now and the other two gained today

really quiet day since its a holiday and market is closed...

i will place my stop loss past entry bar and all EMA's for now. i think that is best for the way i trade. EMA's definitely help prevent pullbacks, but in case they dont turn enough right away to do that and remain flat, the large entry bar is usually more than enough to prevent pointless volatility in the wrong direction. i would be in several nice trades in addition to my DBO,DBC trades right now if i had put stop loss past entry bar. my stops were just too tight. i was being a little to risk averse.

im also making sure i get into big channels to raise my avg profit %. even if i would do good in the smaller moves, i would still rather "do less work" in exchange for "slightly less profit in the long-run" by getting into fewer but more profitable moves. i could use small channels if i get desperate.

while i was messaging my beautiful gf, i found out that my STR trade with 212.8% gain was actually a 56.4% gain after a 2-1 stock split. have to adjust my ratios for that one.

only holding DBO and DBC right now. both turned up nicely for me today after a brief scary pullback right after entry. my stops were big enough so im still in the game now with EMA's behind me. so maybe i can grab a couple of nice gains from these two.

not trying to enter anything cuz i will start my research tomorrow which should have improved trades where the EMA's immediately start protecting from stop outs.

NFLX stopped me out for a break even trade. I exited CVH for a small 2.6% gain. Both trades were screwed up by the MA's being in the way. I exited EL for a decent gain of 4.1%. EL was a wacky trade cuz of its initial huge gap down followed by an immediate surge back up and then a slow selloff but there was nothing too bad in this trade....i just feel a little cheated from how much it closed across the 20 MA.

I didnt bother to enter anything today since im looking forward to new research with my new rules: instead of MA's being intertwined, i want them to be apart with a close past both of them by entry bar. THIS should bring a significant improvement especially when combined with a target exit level........plus........i am going to use 10 and 25 EMA's from now on instead of 20 and 50 DEMA's. I didnt realize i was using DEMA and thats why stockcharts.com wasnt making sense. Pretty much the same thing and wont affect my trading at all but it will let me use stockcharts.com MA's.