Focus your mind, manage emotions, go with the flow.
Thursday, October 09, 2008
sold SKF + $ 20,700 and I'm done for the day
cover OIH + $ 3200
cover POT + $ 200
bot 2k SKF
sold POT + $ 1400 and short
sold OIH + $ 1200 and short
sold GS + $ 990
cover POT + $ 6900 and long
cover OIH + $ 46,000 and long
cover GS + $ 15, 250 and long
sold OIH+$2200 and short again
sold POT + $ 2000 and short again
cover OIH + $ 14,400 and long
cover POT + $ 17,300 and long. that was fun,and you have to take advantage of times like that to get out of your position and take the profit and bounce.
haven't had a nice stable downtrend like this for quite while. Lately there would have several several dumb spikes by now....
doubled up in GS, POT , OIH shorts
sold GS + $ 2180 and short
sold OIH + $ 1400 and short
cover OIH + $ 3200 and long
cover GS + $ 3300 and long
doubled up in POT, OIH, GS shorts
sold OIH + $ 1700 and short
sold GS + $ 1300 and short
sold POT + $ 910 and short
cover OIH + $ 1200 ad long
cover GS + $1200 and long
cover PT + $ 920 and long
sold POT + $ 4400 and short
sold OIH + $ 2900 and short
doubled up in GS, sold GS + 2000 and short now
doubled OIH , POT longs
cover GS + $ 1200 and long
bot OIH
cover SPY + $ 400, POT + $ 1100 and long POT
short SPY
sold GS + $ 3600 and short, now doubled
sold POT + $ 1800 and short
sold OIH + $ 2200
bot POT
bot GS
bot OIH. Had some quality moves in OIH GS, POT, CNQ, FCX earlier. The moves were great but too fast to be able to trade effectively and post here so this is my first post of the day.
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.