This is no time for breakout entries

(didn't hit publish yesterday = Thursday)
Another losing day. My week is done on max weekly loss. The lesson of the week is not just to trade small (always!), but that breakout entries in this market are not working.

A few of the trades this week, I could have had my target if I had a better entry. Another way of saying: It made the move I wanted, but didn't get to my target because I had a breakout entry vs a pullback entry. So what is my style? Do I take b/o entries, and this isn't my market? Do I short term adapt and say, I need to work on my pb entries? Do I not trade? Do I scale in? 

    How about closer/smaller targets, so I can book gains. 

That's it! I like my breakout entries and I don't want to start messing around with this fundamental skill. This market isn't giving me 20%. I think I need to start taking 10% (15%?). Need to build back my account, build back my confidence. I'm "right" on all the planning. Just the market isn't giving the bigger moves, despite the big move days, the VOLATILITY is whipping me. Can I possibly study VIX and anticipate this kind of market climate?

So... tomorrow no trades... do I know myself by now? ... I'll be paper trading.

BAC got me twice, NVDA also. ugh.

took the loss/es

Another losing day. Despite the massive gap down bc CPI, LI didn't pay. Took off for an even bigger loss when it started moving up. 

Took another loss on NFLX. Fell for the same setup as LI. The trendline broke, but next level was near.

That's all I can stand for one day. 

Near my max week loss at this point. Need to go small tomorrow.

went home with a loser

Ouch! I spent a lot of mental capital today. 

Got into 2 shorts, both too early and held. 

DWAC I managed to salvage. Spread grew very big. On the second exit, I used a price trigger on the stock, and sold part with a market order (hit the bid) and the other part I got a decent limit. 12% difference between them. This shows the real problem with trading wide spreads. 

LI, in too big, too greedy, tried to be too cute. Took LI home, -19% at close on Tuesday. If I get out of this green, some how... it will be a toxic winner. Why did I short such a strong daily chart? I thought I saw a trendline breakdown. Next support was too close below, and I shouldn't have expected a strong one to collapse.

Actually, both trades, completely toxic. Lack of stop discipline. This often happens when it goes against me so fast I don't have time to enter the stop. It's a mess.

Wishing myself luck on LI for tomorrow. Needs to get below ~36 for me to see green.

back from vacation

Flew in on a redeye last night. Don't feel tired, but aware I'm probably not peak sharpness. I like all the picks. 

The first TWTR trade was over-eager. Short off the top would possibly have worked, but TWTR options is a tough trade always, for some reason. 

WYNN was great textbook setup. I could possibly have gotten more on the back, but the spread widened and I got out. No regrets to capture that drop and get out.

BIDU setup wasn't as good, but China news was strong (also partly affecting WYNN with Macau angle) so I had a backwind on that.

A few good setups. Hit/run/shower/go to sleep.