0-100mph - Trying to go from newbie to a pro ...

for swing trade BKS, you loss cutting point is too tight. you want to cut 0.6point, and win 3point+.
I doubt you can do that.

 

Probably should have sold BKS at 21.24

Dow industrials looks like its about to start a downturn right now for 1-3 days

 

Would have been tough today , I have the high @ 21.21

What are you going to short?

 

you really need to start throwing cars at the ER2...much better use of your trading $

 

Scalped COF for +$150 today

 

Yeah me too

Also cleaned up on my BKS Short:

 

Argh,

Was in FAZ at 19.09 at 9:33am but didnt follow my system all the way through and jumped out at the first sign of weakness (at ~$19.30) on the 1min charts.

I really need to follow through with my system and not be so timid ! Could have rode it all the way up to $19.70

Made +$400

PS: Notice I called the downturn of the Dow Jones at 2:13pm yesterday

 

XRX - Buy at $7.66

Stop set to $7.50

1-4 day swing trade

 

Wow ! I was right about BKS (Barnes & Noble as well), my stop was only off by 2 cents !!!!!

 

Was up $500, but then I chased two trades and didnt follow my system on a 3rd trade and ended up down $200.

I finally followed my system on my 4th trade, but then my brokers site went down for 5 min. Luckily, I was able to recover most of it.

I'm going to list out the 5 steps of my system and try to force myself to check every step before any trade tomorrow. I hope to do this for 20 straight trades so it becomes ingrained in me.

$-46 for today