Monday

This week my goal is to conserve profit, reach 2,000 PnL, trade selectively, and be aware of time of day and how the stock is trading.
I must trade selectively. I cannot let my profits drain. Lock in your PnL at its highest point!
It can always get worse, and it can always get better!
When should I Buy?
Anticipate the move using relative strength. Entering before the moves improves risk reward ratio, and you do not chase. Down and Up moves provide information on when when to increase size.
Is it important to conserve profits?
Frequency of trades should diminish as the trading opportunities diminish. I was net 475 at 10am, the market slowed and I continued trading. When the stock is making good moves you are making money. You are losing money during the intermittent period when you should be watching!
By being patient you allow the trades to come to you.
How to be patient?
A stock can be weak but not ready to short. Waiting for the perfect opportunity increases success. Optimal risk reward, probability the trade will finish in your favor, and assurance of success. Trade the plays with the highest probability of success. Trade the easy plays, and let hard plays pass.
Give the plays time emerge from the market.
Ensure that every trade you are entering fulfills your criteria.
Wait, respect the game, dont force it! Their are plenty of opportunities! Find balance see things as they are.
Choose the stock with the best opportunity.
Their are many ways to make money. Be ahead of the curve. To anticipate buy on red and sell on green. Recognize the patterns!
Some of the best trades are just getting the stock to go to the trend line! Unskew your stats!

What is Vix? How to trade Vix?
Watch the Vix. When it is volatile you cannot put on as much size. when its less volatile be more aggressive.

Choose your trades wisely. Draw your trendlines. What is the markets message? it tells you its message through signs.

You do not need to get out on low, make your decisions wisely.

What to do after a winning trade?
Be ahead of the curve. Reentering for more can yield losses. Allow time for next move to setup.

Human Emotion: Fear and Greed. Be aware of them.

What to do when relative strength is not telling you anything?
A situation in which relative strength is not telling you anything arises when the stock and the market are making identical moves. Wait for futures to make a big move, wait, and regauge situation.

What to do when the stock is channeling?

Channeling stocks and trading ranges are the typical price action in stocks, as stocks tend to trend less than half of the time. A stock which breaks out of a channel or trading range is often affected by the duration of the channel, the width of the channel, and the strength of the breakout. Trading a channeling stock may mean buying support and selling resistance while waiting for a breakout to occur and a larger move to trade.
Throughout the day ask how the stock is trading, how it has been trading, where is the stock in the range, and what signs is she giving you?

If you do not know what to do, wait for a big move in the SP.