Sunday, May 1, 2011

AAPL - UPTREND CONTINUATION

DAILY

60MIN

10MIN

1MIN

1MIN
MISTAKES:
  • The First 2 long trades were way too early. I ANTICIPATED instead of waited for price to reverse its downtrend. 
  • The short trade was a revenge trade. I was somehow frustrated at myself and was chasing performance rather than being objective. It wasn't smart to short after it had moved down alot + hitting support from prior buy/consolidation area. I was clearly not being objective.
 What I did right:
  • I kept losses tight.
  • I had let the winner run
  • I was almost stopped out multiple times (by 1 cent). I stuck with the trade, did not anticipate being wrong, and had let the market prove me wrong.

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