Category Archives: Trading Notes

Anything Is Possible – APKT

Just as I was utterly astonished by SFLY’s price action yesterday, I jokingly tweeted that may be the after hours earnings selloff in APKT could pull the same miracle.  Behold! APKT was down 15% after hours last night.  After a … Continue reading

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Don’t Chase – There Is Always Another Trade

It’s almost without exception: whenever I entered a trade emotionally without planning, I’d get punished.  Today I kept pondering the prospects of a double top on SPY on the daily chart.  I was away from the streamer for a while … Continue reading

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Day Trades – SPY

Short 300# at the gap open at the 61.8 Fib on the 60 minute chart Quick exit for a scalp Re-enter short 300# at better price Exit at Open Range support L1 Short 300E at the 20 MA Partial profit … Continue reading

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The Price of Being Prudent – Stopped Out at HOD

Trying to be disciplined and honor the stop ordered.  Ended up getting punished by exiting at the high of the day.

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What I Don’t Like About Al Brooks’ Techniques

I didn’t take Al Brooks seminars so obviously I am missing some trade secrets to his system.  But based on the basic principles as documented here, I find it doesn’t jive well with my DNA.  I am a bottom fisher … Continue reading

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My Luck Just Can’t Seem To Get A Break, DMND

This is beyond funny.  I will have to postpone related comments about the proprietary indicator I subscribe to, which has been in the past 6 months (and still is) calling to short the market as market now poises to challenge … Continue reading

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Old Habits Die Hard, SINA

SINA had a monstrous bounce yesterday, confirming with volume.  I was there to take profit, but as usual I committed the cardinal sin of trading by taking profit way too early.  Today while the market gapped down, SINA continued to … Continue reading

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