LULU Trade on Jun 10, 2013 16:18 from J2WS: Tradervue User Stock Trades.

As discussed in my recent

I must start judging my trades based on the process and not just the result.

- Did I follow my risk guidelines?

My initial risk was about 25 cents. But probably closer to .50 with chance of A/H slippage, so it was closer to $250 rather than $125.

• Did I correctly use a feeler?

No, I got into a full position right away.

• Was I in the correct amount of size?

I wanted to make sure I didn't add as much on my second entry because I didn't want to lower my average price by too much.

• How many times did I chase the trade?

To be honest this entire trade was a "chase" not in terms of the set up. But I reached a mental Daily stop limit for the day which means I'm not suppose to take any more trades. But I just felt like this was my pitch and I was totally ready for it. I know in the long run this trade won't help me build any discipline at all.

Overall I probably shouldn't have taken this trade just because discipline should have been my number one concern rather than profit. However, I am batting 1.000 on this A/H set up so far so I felt like this was the pitch I should have been waiting for all day.

Ok - spoke too soon. Another pitch came right down the middle so I took it. Bought a break of the down slope with the first fib retracement as my target.