Focus your mind, manage emotions, go with the flow.
Friday, August 07, 2009
dangerous to hold long when markets are falling ,
sold AIG
, shorted LVS
Bot AIG
MAR stalled so I'll bail out
LVS hitting new highs
Out of the dead zone now and MAR drop is stopped, more probable that previous uptrend will continue, so I will take a little profit and change directions long.
MAR is like watching paint dry and has stopped rising even tho markets are so time to take profits and short it
A example of a nice uptrend, found off the new highs list
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.