Frustrated with Myself Today

Here's why...
1. Jobs numbers come out positive, market opens higher

2. My watchlist pops (as I had expected)

3. I am looking to trade QLD since I expect this will bode well for the Nasdaq 100 today

4. I follow my "dont buy at open trading rule, wait till 10am"

5. I hesitate in buying QLD at 10am (WHY? Maybe because of the lackluster movement after the open?) Price was in the range of $110.68-110.83 at 10am. THIS WAS A BAD DECISION!

6. After 10am, QLD starts working its way up

7. By 10:10am , QLD hits $111.50 and quickly reverses direction. I think good, its now dropping back to where it started! Glad I didnt buy.

8. It pauses at $111.40 at 10:57am, what to do...hmmm...now. I hesitate again. QLD takes off and by 11:02am its at $112I AM FRUSTRATED AT THIS POINT

9. I give up, I missed the move

10. QLD continues to rise towards lunch hour...hitting $113 at 11:30am

11. So I MISSED a $1,085 gain (buy 500 shares at 10am high $110.83 and sold at $113)

LESSONS LEARNED:
1. Buy at 10am...DO NOT HESITATE!! Especially when #2 is in place!!!

2. When positive catalyst is in place...rely on it. This rule could have made me money on Monday when the catalyst was 1st day of Quarter...new money always gets put to work in Q3, especially on Day one. Of course the rest of the week (until today) sucked.

Next up...
Can I hope for a late day reversal of today's pop and buy QID?