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Old Mar 28th, 2012, 04:58 AM   #85
HurricaneUS
 
 
Join Date: Aug 2008
Location: New York
Posts: 885
The bigger question is how will you "adapt" when the market eventually changes - i.e., enters a dull trading range, or change to a bear market
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Old Mar 28th, 2012, 12:33 PM   #86
konviction
 
 
Join Date: Dec 2009
Location: alabama
Posts: 1,365
I'll look for stocks breaking support rather than stocks breaking resistance. As far as consolidation goes, that's just part of the game but I tend to not trade stocks that are too range bound.

Just took DECK short actually at 63.53 / stop at 74.70

http://screencast.com/t/8Z3GDLrUzkK
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Old Mar 28th, 2012, 12:37 PM   #87
konviction
 
 
Join Date: Dec 2009
Location: alabama
Posts: 1,365
Can't say I'm happy about my entry on amzn. Paid at the highs and once again it sold off near market close into a bearish pin bar. Unless the market turns around soon, I'm getting stopped.
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Old Apr 3rd, 2012, 02:24 PM   #88
konviction
 
 
Join Date: Dec 2009
Location: alabama
Posts: 1,365
Sorry for no update. Been real busy and stressed about my classes. No much going on. Still holding:

AMZN
AMRN
FRO
LVS
CVX (short)
DECK (short)
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Old Apr 7th, 2012, 09:55 PM   #89
konviction
 
 
Join Date: Dec 2009
Location: alabama
Posts: 1,365
Stopped on AMZN 1,498.75
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Old Jun 10th, 2012, 04:24 AM   #90
konviction
 
 
Join Date: Dec 2009
Location: alabama
Posts: 1,365
Update:

4/12/12 cover 100 cvx - 352

4/23 stopped 500 fro - 1760

5/4 stopped 300 lvs - 1695

5/21 covered 200 deck + 1624

total pnl : -2183
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