trading plan

need to watch:
1)topping candles
2)moving averages trending right direction
3)prior day high and low

missed it with GS and MER to short big time today

KISS

1-buy on big dips
2-let it come to me..buy on sale!
3-stick to ETF..too much risk..see HMY!! even if fundamentals great
4-stick with QID,SDS DXD ON SHORT AND DDM SSO QLD ON LONG

trading plan

One-dont catch a falling knife
Bad trade with MER..watch the daily candle.bought it on red candles..wait for confirmation of candles.

two-also watch moving avg. move concave up

Crap planning

should have made bank today...Always know the prior low..Should have had that info on MER and GS and when they held the lows..should have bought.

GDX

consistent mistake...got out too early..FEAR!! need to let my winners run!..But I got out afraid a winner turn to loser..

Also, did not buy Mer..should have. Risk reward was there..
Need to have a more clear entry point and stick to it.

Focus

Need to have clear plan and go with it. Example, Apple and bidu hit my supports but i did not buy it.

I am learning it is better to have way less stocks. Stop the sill URME and DNN.
Better to take a swing for appl or crox and get stopped out then take my losses with DNN when the upside is not there.

My goal to make 1000k on trades. Cannot not be done with them.

GOAL, get to cash. Trade high BETA.

Investing Mistakes

Trading without a clear plan, and not getting out when things go against me..Look at Ice run..i of course bought the laggard NYX..

Lesson, buy best of breed!