"A man is not finished when he is defeated. He is finished when he quits."

Friday, May 10, 2013

May 10 (Loss $ 7.)


Watching and learning, trying to use what might become part of my edge.  Not sure if it will help me yet or not.  It needs refinement.  I used it to short 500 TNA at $47.30 during the 2:35 pm candle.  I stopped it out in the 2:50 candle when it looked like it was going up.  Tiny loss of $7.
So now I am logged out and calling it an early day... but still watching the charts currently at 3:00pm.  Looks like my breakdown might be in the works; TNA down to 47.21 and threatening lower.  Could be I exited one consolidation wave too soon.  No matter, it was a stop and I had to honor it.
I'm leaving the computer now and will check the chart later.  Perhaps leave a comment here.

May 9 ($0)

No trades yesterday, Thursday May 9th.
I found myself extremely tired and tried to lie down to power-nap mid day but even that didn't work out.  Then I got back to the charts and found something that struck me as new, so I have been testing it since yesterday afternoon.  i don't know if it will help me or not, but it looks promising.