All Out

Last Tuesday I bought (CYD) on a nice breakout that staged an ugly reversal and led to about the fastest 7% I've ever lost.

Not long after I stopped out on (GFA). That one just never acted right.

This took me back to even since August. Not what I was looking for - I didn't lose money but I didn't make any either.

I've gone ahead and put myself in the penalty box for three weeks. It's the holidays, the market has been tough, and it's an ideal time for me to back off and enjoy the time with my family. I have a strong watchlist of some great stocks setting up nice patterns, so I'll be ready to take another look next year.

Without question this has been my worst year trading - but I also think it's been my most educational. We shall see.

If anyone out there reads this, I wish you and yours a Happy New Year!