Wednesday, April 07, 2010


took a small loser in ZION short , now long again

2 comments:

bluecollartrader said...

I find your stop-outs more instructive than your successful trades. Tahnks for posting those as well.

joshua said...

i agree BCT. not many succesful traders put up their trades that went wrong but it is nice to see where they got in, and why this time it didn't work. i put up all my bad trades because mostly that is all i have, HA! you know the other day, i was buying whatever was breaking highs and "looked good" to me, setting my stops, and seeing what happened. i added into the two stocks that was working TIVO and PCAR, and i wound up making more than enough in those two trades to make up for 3 or 4 losers and be up around $100. up a 100 doesn't seem like much, but after a year of slowly draining my account, having multiple back to back days of +100 is good for the confidence level. now, i just need to push it for +200 and so on. i think any of those days i could have made more, but i stopped myself after reaching my goal. and some days i say, nothing else is going to happen, and then boom, something like AIG explodes in the afternoon. i always have to be ready. bct, is the weather getting any better up there?