
[TimAlerts] double bottom buyers on $SNSS may push prices back up to my level to short

[TimAlerts] double bottom buyers on $SNSS may push prices back up to my level to short

[TimAlerts] don't think it gets back there again today $SNSS

[TimAlerts] $SNSS Sell limits pressed lower from $3.43 to $3.35 so going to short at $3.33 to $3.35

[TimAlerts] $SNSS Sell Limit orders are @ $3.43 so I hope we get a rally back up there so I can really load up the shorts

[TimAlerts] $SNSS got the acceleration move down that I was waiting for

[TimAlerts] covered $SNSS @$3.22, will wait for a rally to $3.40 later to re short

[TimAlerts] $SNSS buy limits failed to hold, then I saw sell limit orders coming in and knew that price had to fall lower

[TimAlerts] $SNSS may drop back down to $3.00 next week, thinking of holding my small short position as the market looks very weak

[TimAlerts] $SNSS already had 3 up days and so has the market. The SPY has been going up slowly for 3 days compared to the fast down days so the directional move is still down
I know exactly what you mean. When I first started to learn about trading it all seemed like it was very complicated. I've always been very good at gaining a deep understanding of complex subjects so I figured that if I just gain as much knowledge as I can about the markets and learn about as many patterns and indicators as I can, the more successful I would be. A lot of people have this misconception about trading. Btw, could you point me in the direction of this test that you speak of?
http://www.daytradingpsychology.com/aware-profile/ for a free test
I can absolutely relate to that. I have the hardest time keeping all the knowledge and preparation at the forefront in my mind, and tend to make emotional decisions at times. The most frustrating thing in the world, esp. on trades where the stock is up like 60% on the day, and I have managed to lose money on it by chasing, stops too tight, no plan, etc. I know that fear of missing out is the #1 cause of me losing money. My roommate says that he just concentrates on feeling the soles of his f
yup, try listening to the audio book "trading in the zone" by mark douglas. I'm not done listening to it yet but its been very helpful already. you can buy it on iTunes or I'm sure you can find the actual hard copy book on amazon or something. I also listen to the free podcast called "chat with traders" and he interviews successful traders who all talk about the importance of discipline.
Join now or log in to leave a comment