Partial answer

So my task tonight was reading through Edwin’s blog, from day 1. Then, i got my partial answer for today’s bad trade. I was simply trading against the market during first 1 and half hour and the mistake/emotion carried over to the next few hours.

“They were acting weak, but the market was up big and not coming in at all. I shouldn’t be shorting MSFT and SBUX on a day like today even if they are acting weak. I should wait until the market is negative on the day and then start shorting them looking for a breakout to the downside. When the market is up 100,200,250 points, the stocks might not go up, but there is nowhere for them to go down.”

Trade the market, then the stock. Simple answer.