Chased .10 down should got .33 @ 7:25 5min pattern showed was too negative at that time thinking I would loose play not going to work even though that is my pattern psychology taking over instead of fallowing chart & rules.If went back up .33 was going to add.Added .98 not suppose to do did it on reaction & knew this play was going to work double top included with my setup & wanted to get .50 share 100 shares aver saw I would get that if take +.50 of where I should got in.

Almost SS TWTR @ 6:34 40.35 2min chart pattern showed wanted res of prior 2min candle & not the open price of 6:34 .32 I didn’t get in because the 30min chart macd didn’t look good look at pic if you know macd.2hr chart looked good macd pattern price almost hitting res level 40.41 Res 30min chart only good thing.Chased thought going to miss play should got in wanted +.20 then got scared it would go back up to .34 & play wouldn’t work because was not fully in my criteria.

Look at pic have trading journal comments of this trade.Trading small until build more confidence I trade scared most of the time witch is good when hits my stop I stop out doesn't get in way before I have to enter trade or while in trade.Before this trade I was pumped to get a great trade. Need to be winning overall, see don't make much money for $30k account so well increase size if winning overall, fallow rules majority of time, meeting my short term goals.

3/31/14 - 10/31/14 PT morning trading while working at USPS.Held onto positions when I went to work imo stupid but had confidence win.Broke lot rules stop loss holding onto losses but won in them because got lucky bounced back or dropped off if SS.Improved my strat huge from then until now.My strat 70-85% win rate if trade good-great. When I back tested 10days TWTR got 95% but imo impossible 1 loss trade out of 34 stopped out at top after add then trade worked.I be happy with 75-85% win rate

DT

Going back to new rule of 1hr & 30min since today & other loss days making me get into early, loosing, braking lots rules: add to loss trade, holding onto loosing trades longer letting them get away. 6.New rule didn’t work .80 was good entry perfect .83 impossible to get. Only hit +.10 from perfect. I think I bailed .01most shares 39 shares .83 7.Saw it held .76 3x that’s why got out last trade.Once they broke it I thought I

New rules going to back test with FB if good use FB & small caps but adding/stopping/exiting be different depending on price, spread, voli,etc with SCaps.Do this first, but if winning 80%+ r/r least 2:1 $ gains least 2:1 well do 2nd one in future.1st Enter ½ stops .10 add win posit. .10 raise stops .01 against 1st entry.Exit ½ .20 raise stops +.01 ½ .30 if don’t get good entry use that as guide.

1st entry chased got suckered in but thought last trade was going to finally work didn‘t .21 entry exit .01 because macd did something not suppose to still chased broke rule.Added loosing posit don’t like to do knew trade 7-8old ruleor8-9new 1hr strat enter 5min.5min had pattern .36 good could go against me 3rd 5min macd pop doesn’t always do.Exit .20 from great entry .38 could done .20 from good entry .36 Was going stop trading back test new entry & exit strat.

1hr setup got in old rules back tested & there better entry price.New rule mostly chasing, less profits, but have less chance of getting in to early & loosing.Wanted .21 chase .01 5min macd did something that’s not suppose to do if trade going to work, so I stopped out.

1hr showed buy.Scared out 5min macd didn‘t look good.Enter because 2min 2move wash macd from post to opening.Stops.70 I wanted out to cover comm 5min scared crap out me & 2min did something not suppose to do after rules hold & I enter.Could re entered .84 6:44 if had 1min could chased .90 didn‘t want to since .84.Missed SS 6:31 .93 wasn’t ready 2min@.92 6:32 res 2prior candles & don’t use 1min going back test if helps well use.