I could just tell it was about to break out. The volume was starting to increase and I was waiting for resistance to break at $13.45. I wasn"t sure if it was going to go back up again and I had to be somewhere. I am done trading things that I am unsure of. I needed that previous loss, because I was starting to forget my rules and have been trading less rigidly. Even though, it went up to $14, I still don"t regret getting out early, bc for me, it is important not to gamble.

This is a very common mistake that I knowingly make. I have become very good at spotting breakouts before they happen. This one was going up so fast that I had to get in at any price, because I was scared I would miss out. Emotions of any kind, rather greed or anxiety, should NEVER be used in trading & that is what happened. Very dumb of me. My reason for not getting out sooner is because I thought it would break out more on earnings, even though t chart was off. Again, very illogical.

I bought this stock becuase it was a decent, not great, breakout with earnings. I caught it right as it was breaking out and sold right as it stopped It was one I have been watching all day and when it got to be above average volume past resistance, I bought it. Not the best or worst trade I ever made.

This went against my trading rules. Sort of, the chart was ideal, but not perfect. I usually wait until the breakout is more confirmed.

This was just a beautiful technical breakout. I am starting to realize what my strong points in trading are, which are spotting and trading technical breakouts. Things, such as hot stocks and volume alerts. Would have held over night if the overall market was decent.

Entry comments: It cracked daily resistance on above average volume at close. I just really liked the chart.

Exit comments: Not as hot today and t markets were going down, so I played it safe. T following is actually for me, because I always get annoyed when I make a janitor"s pay for a day"s work. I hope I don"t force ANY trades today. I am less likely to do it when I write it or type it out.

Entry comments: This was not a good trade to my standards. Even if I win, it is not my ideal setup. When something is off my strategy, than it is gambling. I didn"t like t chart and I bought right at RESISTANCE. I am actually admitting this stuff, so I can learn from my mistakes. This is like my trading diary. When I do my exit comments, I will explain my absurd logic.

Exit comments: It had blowout earnings, so I expected it to breakout, even though the chart sucked. Lesson for everyone. Listen to Reaper. I always ask him to help justify what I want to do when I know something is wrong and he is ALWAYS right. When I don"t like a trade, I get out.

Entry comments: I basically did it because Tim told me to, even though I did not 100% agree with him bc of t market sliding. I do think that it will be ok if t market behaves and I will be able to make $1.50 a share in the next couple of days.

Exit comments: There are a couple of ways I could blame people for this loss, but that rarely gets a person anywhere. I slept in and didn"t cut losses early. I could have had meager gains if I had not have overslept.

Entry comments: What more could you ask for. Great news, great chart, and 9 million average volume. Resistance is at $8 and I expect it to go to that tomorrow.

Exit comments: I am going to watch the chart and volume and may add more later. It will probley go up more. However, I don"t want to be too much of a hog.

I really think if t markets were not sucky today, this could have been hot. Great news story that came out late yesterday w at least 1 M over average volume. I sold bc of t predicted down market day pre market.