Thought I'd join the band wagon of trading journals, kinda nice to get some insight into what other people think of my trading. Times are close, but since I don't want to list every single trade with time and explanation, I will generalize for the most part. 9:36 - Went long LUV @ 18.81, the XAL was moving up and LUV was down, figured that it was a fairly safe trade since XAL seems to lead early in the morning. 9:38 - For the next two minutes started to short the chips. RFMD, AMAT, ALTR, TXN, KLAC and for some dumb reason DELL also. 9:43 - Looked like SOX was going to make a two-day low. WRONG. Started to get out with a .25 loss, actually ended up being more b/c chips will run hard when they make a turn making it a little more difficult to get out. Took a big hit. TXN hurt the most cause I was dumb. Was flat in TXN while the SOX was turning up, held it when I should have jumped ship. 9:45 - Out of LUV @ 19.01, wanted to lock in some green, after the hit in the SOX. WRONG AGAIN. Could have gotten about another dime out of it easy. "Don't let one bad trade affect the rest of your day!" 9:51 - Started going long a basket of SEMIS, SOX hit an intraday high if I remember. Bought the strong ones that were hitting highs: QLGC. Bought BRCD with a consolidation. Bought NVLS, KLAC, AMAT b/c the moved up the moving averages (7 & 21 on a 5 minute chart) that I use. 9:51 - Was long CMCSK 35.59, 10:01- News came out, some indicator. Futures went crazy for about 30 seconds, stupid me got out of the basket of SEMIS I had. But before that happened I had a keystroke error, ended up selling CMCSK instead of the chips. Should have bought it back, check the chart...left almost a point on the table. 10:31 - Went short ADLAC, AEIS and NTRS. I believe they are banks...banking index started going down, charts on these three setup real well. 10:04 - Covered ADLAC, AEIS, and NTRS for a nice profit. If you look at a three day chart these stocks had about a one point range, once the hit this area of the range got out of these stocks. If I held NTRS would have made a little bit more. ADLAC I should held, just dumb...get little anxious if I hold to long. Rest of the day ended up scalping, early on did well, but over traded in the end of day...flat, but way...way...to many trades. Overall flat against the market and down after commissions, not feeling to bad. And now I need to sleep.