Chart Porn 05/30/2012 the impatient edition

Both trades were in market I thought were ready to break hard. If I just sat with both longer - I could have made decent money but instead 2 losers.

This week's Results 5/21/2012-05/25/2012

Russell Futures: +49.96
Dow Futures: none
Crude Futures: -156.02
Gold Futures: none
Euro Futures: none
Stocks: -641.25
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net: -747.31
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Big ass loss this week.  The stock trade was Facebook and I was going to swing trade it for a couple of days.  The only good thing about this week is that I did not blow my profits on Thursday.  Bad news was I had no profits to blow.

Chart Porn 05/21/2012 - FB unliked version

I wanted to swing FB.  I assumed a second day bounce that did not happened.  Dummy me for not being quicker on the exit.

This weeks results 5/14/2012-5/18/2012

Dow Futures: +61.68
Stocks: +31.94
Crude Futures: -50.68
Russell Futures: none
Gold Futures: none
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net: +42,94
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My screw up on Thursday produced a nothing week.  What should have been a $120 gain was instead a $180 loss making this week being next to zero.

Chart Porn 5/18/2012 - missed opp edtion

I did not trade on Friday. Between being stupid on Thursday, a doctors appointment and Face book coming out - I just could not get off my butt.

Chart Porn 5/17/2012 - the Thursday idiot version again

From an entry point of view - this was the first since last Thursday I broke my trading rules and just like last Thursday, I paid dearly for my mistake. During the last week, I have entered using my rules about 80% and each time either made money and broke even.  During the 20% of the time that I entered not to plan, I took a lose each time and the loses were enough to cancel out my gains. I did exit only 50% according to plan which if that was higher, I would have also made to over come my stupid entries.
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Even thou I feel stupid - when I stick to my trading plan - I make money. I can at least take that away.

Chart Porn - 05/15/2012

Another good trade today. The two others were break even.  So far this week, I have only screwed up one stop royally and the rest of the trades have been by my rules. Last week started out good, but that Thursday mind melt was bad.