Trades 11/12/14

Very poor trading today - started off badly with a poor entry with size on $IG ... and that paved the way to more poor decisions. I have this tendency to have a bad day if my first few trades aren't profitable, today was one of those days.
Let myself get squeeeeezed on $IG , and just held and hoped they'd come down eventually. Brilliant trading. Covered eod for a loss on it - had opportunities to get out with -$200 but ended up not taking them, wishing for more dumpage, and of course if you dont cover on washes you get squeezed ... what a difference a day makes in trading.

Lessons:

• WAIT for the setups, be patient with entries ... damn I find it so difficult
• No tiny "just in case" chases - if the setup is not perfect, don't trade it; a bad setup with a small position can soon turn into a big loss
• Don't short a trend change or any other setup near hod
• Trade your bread and butter (ie not shorting into para)

Longs: 

$ODP 

$GDP chase on oils, could rip though, chase entry so tight stop; left it too long to fade before i cut it at 4 ...

$GDP tried again later on oils bounce, this time worked better

$TPLM bought some and intended to add on trend break, didnt happen, cut it flat

Shorts:  

$SPLS intend to short on pops with .50 risk

$IG - just tragic, bad entry, let a small loss turn into a big one ... many rules broken

$APT on $LAKE

$ABIO failed first try, ok next turn

$ARIA with 6.85 risk; gave up on it too soon - was great setup but higher lows scared me away; this shoulda woulda my only play today, shorting pops covering washes

$ODP trying with tight stop, close to trend change, will add on trend break; this doesnt seem to work when the stop is at hod, as there's greater risk there from b/o buyers

$CTIX risk at hods; out half and then reshorted and again covered, big bid scared me out