Day Trading Post #76

So, the past week or so has been busy hence I haven't posted as much as I would have liked to. Anyway, after regrouping and going over my trades, I realized my mistakes, worked on them and fixed it. As a result, I managed to bring my account back up 8-9% from my low of last week after cutting off my losers! It was a good week and I exercised more discipline in my trades resulting in smarter trades. I have some friends whom I keep in touch with who also trade and it's interesting to me that I can pick out some of their flaws with their psychology regarding trading pretty easily but when it comes to myself, it is much harder to see what is wrong. Hence, I really feel that last weekend, by going over my mistakes, I managed to improve myself. This upcoming week I have some plays that I am interested in, but I am exercising more discipline as to my entries so that I don't end up getting in too early. Pretty much I am looking at some RIETs along with GE and some tech stocks which are setting up nicely. The market itself is in an oversold region on the stochastics, and is matching up for a crossover on the MACD indicator on the daily chart. Weekly charts still look bullish too. The pullback may or may not be over, but I am sitting on my hands until I get the signal that we are ready to launch this market back up!