A journal is such fun to keep when you are doing well... you just can't wait to write the thing... This in not one of those times. A single day has killed each week. Thursday (a.k.a. me) sucked 6.5k from the account... Non-trending days are something.... they just idly go by draining the accounts of nitwits that can't recognize they should be doing something else... even buying garbage on the internet, like a flat screen TV I still don't have as I watch my pennies. Could have spent less on one of those... Enough... The late day volatility (3:30 nasty puke, 3:55 amazing levitation) is ironic in that once one (and others) is wise to it, it will change to something else. At the end of the week you look at the hourly charts and think... UWM has been peacefully traveling from mid 17's to 26 while you clicked away..... I must really love trading.
Pretty interesting blog. Good focus on the blend of technical analysis and trading psychology. He also has a voice trading room. www.gilyoungjo.blogspot.com