Fear & Greed Day Trader
Focus your mind, manage emotions, go with the flow.
Tuesday, February 03, 2009
sold SKF
sold SRS
15 minutes to go, doubled up in SRS SKF longs
sold FAZ
bot FAZ
cover SRS SKF and gone long again
SRS
SKF
sold ESI
bot ESI again
Sold ESI on that pop
bot ESI , making new highs
sold FAZ and sold and reversed SKF SRS
SRS
SKF
Momo is back into FAZ so I'm back long
Markets might be getting into the choppy mode so I'll drop positions in order to catch the fast moves
FAz
EEV
If SKF is rising FAZ is likely to follow
Always important to take profitsor the small lose if trades are moving against you. Entering the trade the other direction makes sense again.
EEV
SRS
SKF
If a trade like HES is going nowhere then get out and rotate into something like EEV
AEM reversing
HES moving over intraday consolidation
Sold SRS as well and shorted it and SKF
SRS
SKF
amrkets flopping around so I'll take what I can get in SKF and FAZ
Look at what the markets are showing now. I took a small loser on FAZ, small winner on SRS and was never threatened in SKF . SO I'm back long.
Something is going to happen soon, 1 way or the other
SRS
FAZ
Whenever I see moves like that it's prudent to take the profits and trade them the other way
FAZ
SKF
SRS
SRS making a pile driver move too.
But be ready to take $ after big moves
If the momo is going against you take your profits and trade them the other way if you can.
SKF
FAZ
Trends that keep on giving
SKF in uptrend, nearing high of day, making a little pullback provides a nice place to enter long. Will it work out? I don't know, but probability says this is the direction to trade it at the moment
Trends that keep on giving
EOG making new daily lows. As it breaks down, make your short entry
Trends that keep on giving.
Here's the set up:
FAZ in uptrend but you don't want to chase it, makes quick reversal.
Markets are doing the same.
Wait for the down momo to stall and get back into the uptrend.
S & P and QQQQ
FAZ
Monday, February 02, 2009
Time to sell the longs for $1.50 and finish the day.
SKF
SRS
If SKF is rising then it's wise to sell take the $ in MS
15 minutes to go till end of day. I'll cover once again and go long in SRS
And long SKF
cover and long SRS
When a wrong decision is made, take your losses quicky and react to get on the right side.
SRS - $.17
AFter big moves, be ready to take profits and trade them the other way.
S & P and QQQQ
SKF
SRS
Now things are heating up. SKF cranking it to the downside.
SRS the same.
You don't need to have any other reason to take a $4 profit in less than 30 minutesother than it's foolish not to in todays market.
I don't know what the market is going to do but I know that if I string a few of these trades together my account and pyche stay strong.
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