Daily Score: +.259

Batting Average: 88.89%
Full Stop %: 11.11%
EpT: 0.78

Having missed this morning’s move due to Comcast’s untimely repair schedule, I was pleased with my trades this afternoon going 8/9. I made a couple of bad trades but got lucky on one of them after it came within 1 tick of my stop before reversing. That made the difference between me having an even day and me having a pretty solid day.

The good news is that it was my 12th straight session where my Trend trades were positive. Unfortunately, my 1 loss today was a scalp play which makes it my 7th straight session where my scalping plays were unprofitable. Overall, my trend plays have been more than able to compensate for these losses, but until I can turn that trend around, I cannot yet consider myself a complete trader.

I know that I can do it I just have to completely reign in my impulsiveness and start putting together some more 20 consecutive win streaks like I was able to at the beginning of this month. In scalping there is NO margin for error and I am being too impatient on a lot of my recent plays.

On another note, for those of you subscribing to my TradersCue stock picks, I closed out STR today for it is up 6.5% in 4 days so I’m not going to be greedy going for that last $1 that was originally targeted. I also cancelled the NI play for if it can’t break out today when the Dow was up 200 points, then that is a big sign of some relative weakness. It still may break, but I’m sure there are better plays out there for next week.