So far so good today.

So far so good today. LJPC upped big in the morning then it started to slide through out the day, like a balloon leaking air. I was hoping it would go up more but it didn't and I sold it to take some profits. Just another one that just go lower after the gap up, selling into strength. I am still can't put the sell order early. I guess I was greedy at the time and think it would go up some more.

Should I start to think buying instead of selling ? I know I am steps behind the curve so if I make the counter move I would have a better outcome.That means buying on the weakness.

The stocks I shorted are mostly in strong uptrend or not too weak. So, I should start finding weak stocks in weak sectors and in downtrend.


Things I need to do more:
- Buy higher price stocks
- don't always use all the buying power
- wait for the right entry
- don't over trade
- do more research before buying

IDSA
S:15.46
C:15.73
-1.7%
-1 reward point

Why cover:
-holding on nicely on down day
-could go up or down big time
-support at 13 ma
-not following the markets

LJPC
B:5.72
S:6.3
+10%
+2 reward points

Why sell it:
-gap up but couldn't hold
-take profits
-risky stock


DGIT
S:19.93
why short it:
- I just wanted to short something while the markets going lower


reward points:
1