I had a couple of decent trades today and one
heart breaker. Which would you like to hear about first?
The
heart breaker?
Seriously... you people suck. You just come here to make yourselves feel better about your own shitty trading. Here's the
heart breaker.
First of all, I have a very closely-held
watchlist. True,
HCPG and some other
"election rigging" bloggers make a big deal about their
watchlists... but I guard mine with my life. I certainly wouldn't share it with you since you're so intent on watching me fail.
HRS was on my
watchlist this morning. I was watching for a "base and break" to $60 trade.

Worked beautifully if you were patient enough to buy at .77, instead of at .65. Ironic, I know, but there was no pullback after .77... the thing just soared.
I loved this stock at $59.65... I really thought this was going to be "the one" to help boost my confidence. If any of you
HCPGers are lurking, here's why I liked it so much. Same thing as
YGE yesterday... It started a little wild and volatile, and slowly edged up to the high of the morning in an ever-tightening range. The volume was okay... but ultimately, I was early.
Anyway, speaking of
HCPG, here's one I caught today that I think they mentioned back in mid April, CY.
Here, the target was $30. CY is kind of a stealth solar play... not sure why. Trust me. Anyway, with the solar stocks strong again, led by
Ragin's FSLR, I was keeping a close eye on CY from the open. You'll notice that the chart below is a 1-minute graph. I now find it useful in the first 20 or 30 minutes of trade to watch 1-minute graphs... there's just so much action/information in the first few minutes of trade that a lot of it gets lost on a 5 minute graph... even on a 3 minute graph.

As you can see, this wasn't exactly a "pretty" trade for me... but fortunately, it was profitable. I'll work on "pretty" later.
Okay, and my other good trade today is another from my
watchlist...
CFX. This one I was watching for a run to $24.

Anyway, I hope I can build on today's gains tomorrow. I feel good again. I need to re-read my posts from last week... to remember exactly how I fucked it up so badly.
Here's the stats:
P&L, $345
Best, CY, $283
Worst, HRS, -$86
9400 shares traded.
8 stocks traded, 5 winners, 3 losers.
NOTE: Check this post for a discussion on stops... it "riffed" off of my "respecting stops" post from yesterday...