Friday, May 22, 2015

22/5/2015

Another frustrating day. A few stops hit and some profits not taken on smaller gains.




I am not posting all the charts today as there are a few of them and they dont show much of use.
Stock selection seemed ok to start with but then I found reasons to trade on some and they either did not work or I cut them short to save bigger losses.
I entered two stocks twice and this did not produce.

Bad today
Frustrated and did not find good setups.
Trading low probability stocks as the market was for most of the day but did pick up towards the end.
Stayed up for full session and felt like I should be doing something

Good today
Cut some losers fast for small gains
I had two stocks in profit but held them when they tested a level and then never re-tested so got stopped out or cut the trade. I need to hold longer and this will lead to some small winners ending up as losing trades
One good trade suggested by William and followed through with this one for profit VIPS. Traded this short then long


Roll on tomorrow, have another go.








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