Just a Day Trader

+$840 Very quiet, Once market bottomed I finally found a few setups and got going. First trade in March taken on the 18th.  Main reason being the market down. When market moves like that, all others tend to follow, which means I have less strong industries to look at, which means less setups then less trades. Once market reclaimed d9ma I knew we were closer and I started seeing some setups again.  One good method I had is not chasing at the open. I had plenty of setups to watch but the 1hr.4hr mas just werent quite right yet. So many times Did I see these names break above prev day high only to give it all right back and reset for a better curl up of those MAs. Saved a lot of money by being patient.  Started Strong for 1st trade ARIS +$2057 Net R 3.12, MFE 3.7, MFE $2500 Started trade on the 17th, sideways. Added 18th Sideways then 19th broke out strong. Whole time trade looked great with very tight 1hr and 4hr coil, just didnt go until it finlaly did.  I wrote how w...

 -$1211 1st Week -$60 22 Trades, 6 names. 7 Trades combined.  BGC      Max R 1.27R, result -$85     Risked .11c, Got up to 15c, that means stop is breakeven, and partial is taken on a 1min 9ma basis.     I did not take the partial. I held out for more. There is a very clear spot to take partial on aloss ov vwap and breakdown underneath and i didnt take anything off. Would have been a small win, instead greed took over and we have a small loss.  PAYO    Max R 2, result +$275, +.55R     Risked .25c, got up to  +.45c, captured .15c     Kind of unlucky knd of not. Had huge pop at bell that ended up retracing 25c in 1 min. I wrote that 11.15 had big buyer and loss of whole number was obvious spot to take. I was much too slow. It is impressive that even a second of hesistaiton can result in amore than 50% loss in potential profits. I have to be there and I have to act.      2nd half of trade I ...