CRL - Long

In my last post, I made a reference to taking a perfect trade as opposed to having a perfect trading day. Well, can't say I had a perfect trading day as there were opportunities that I didn't take (FSLR, 30-min, 8th bar just as an example) but CRL, for me, is what I mean by the perfect trade. Not a lot of worries, acted as it should have with a great fill. Here's the chart:

Missed opportunities

Hindsight is 20/20... yeah, yeah, yeah. If a stock is in my watchlist and if that watchlist is not that long and I miss a trade... then I'm doing something wrong and not looking in the right places. Personally, I have distractions to deal with so I can kinda blame it on that, but sometimes I just get downright bored looking for setups and often will close the computer at a certain time. This will probably change when I return to the US as my work day will start and end sooner than it currently does.
Back to the hindsight thing. I'm still waiting for the perfect trading day. Don't get this confused with executing perfect trades. The perfect trading day for me is spotting and capitalizing on every (or most every - I'm not that anal) opportunity that presents itself in my watchlist.
It can and will be done.

EDIT: Guess I should mention SMSI (15-min) and LFC (30-min) were nice missed opps. There was some movement on my watchlist after all :)

Nothing worked

Shorted CPO and went long MVL... neither worked. Pretty boring day overall. There was little movement in a lot of the stocks in my watchlist.
Hope you all did well.

ABK - Short

ABK presented at least two solid entry points today. One early and one late. I was able to catch the early entry but missed the more profitable later one off the 5-min chart.
 

PXLS, ALVR Charts

PLXS, ALVR

Kinda tired so no charts tonight (maybe in the morning). Went long PLXS off the 5-min chart (can you guess where???) and short ALVR off the 15-min (again... take a guess).
I know, I'm a lazy bastard!!!!

T.I.M.

This is pretty cool. I will definitely check out Timothy Sykes' website daily. Like other bloggers out there, I also got an advance copy of his book - An American Hedge Fund. Unlike other bloggers out there... I haven't finished it. But, what I've read has been really, really insightful. If you've ever wondered 'what if I started trading at a young age??' then this is the book for you.