"An expert is a man who has made all the mistakes which can be made, in a narrow field."

- Niels Henrik David Bohr

Monday, November 29, 2010

End of Day Journal (11-29-2010)

Summary:

Live trading on 50 shares:





Rather disappointing day, first day live again, and after a great week of paper trades last week, not much happened today. I only had 6 entries, with 4 of those initiated before the lunch hour. All of them showed profit before getting stopped except for AMZN. I wanted to call today some pretty funky price action, but every day is funky.

Last trade on NFLX saw > +$1.30, but I had some internet connectivity issues and NT got gummed up on the reconnection so I missed the HOD. Hard telling if I would of exited, but I didn't have the opportunity.

I added a new section - I would like to start reviewing price action on the 5 minute candles. This first attempt is very noobish, but taking a stab at it. Crazy Monday schedule kept me busy all afternoon and I am too tired to look at all three charts tonight.

Trade well

Details:


AAPL


AMZN


NFLX



5-Minute Review


I am going to try and start analyzing price action on the 5 minute candles (ala Brooks). Again, going to continue to trade on the outlined approach, but the more I read about Brooks the mroe I am convinced that that is the trading/analytical style I want to develop. Typical Monday schedule so I didn't get very far on this. And it is completely noobie, I don't have the book yet and am just using what I have gleaned thus far. The hope is to eventually make it my own.

AAPL


AMZN


NFLX

2 comments:

  1. wow, that summary looks like a ton of work. thanks for sharing. catch you tomorrow.

    ReplyDelete