Focus your mind, manage emotions, go with the flow.
Monday, November 30, 2009
10 minutes to go, sold SLG and done for the day
sold CSGS
sold SEED
bot SEED
cover GG
cover and bot SLG
bot CSGS
shorted GG
sold and shorted SLG
sold SEED
sold AIG
bot SEED
sold SEED
stopped out FEED
no more posts 'cuz market action is too fast
bot AIG
bot FEED
cover CSGS
cover AIG
bot SLG
re bot SEED
sold SEED
sold FEED
bot FEED
short AIG again
bot SEED again on the pullback
scalped out of SEED
short CSGS again
SEED has been on my watch list for a while now and has provided some good trades. Lots of volume, low spread, good voltility
AIG has all the classic sign of a lower move at the moment. WIll it go? Time will tell. No one knows for sure, all you can do is play the probabilities
cover CSGS, and taking off the rest of the day
cover GG
stopped out WX
sold NUVA
sold WX and short now
sold GG and short again
bot WX
bot GG
bot NUVA
cover NUVA
cover GG
stopped out FAZ
short GG
cover HOGS
short HOGS
bot FAZ again
taking profits on CSGS and gone short
FAZ SKF stalled out so best to move the money into something that is trending
FAZ
NUVA continues to slide lower
CSGS making new highs
The markets seem quite weak at the moment so plays like FAZ, SKF can provide a high probability trades.
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.