by Charles | Nov 6, 2007 | Uncategorized
For those wondering what kind of trades I am usually after (not always obvious from some of the horror stories I post), here is a good example: This was a quick short of XHB. Opened the short position on 10/30 at 22.28 and closed it on 11/06 at 20.85. This is only a...
by Charles | Oct 2, 2007 | Uncategorized
You cannot always just gloat about the good trades and setups and leave out the absolutely horrifying embarrassing mistakes out or that would not be fair. This is by far one of my worst trades EVER. It was a good setup which I screwed up. Do not get wrong, some trades...
by Charles | Sep 6, 2007 | Uncategorized
There is nothing I hate more than turning a winner in a loser. I have to get into the habit of moving my stops every night to prevent this from happening. I was still running a chance of losing but I would have lost less. I picked up MATK on 8/31 at 27. I had broken...
by Charles | Sep 1, 2007 | Uncategorized
My entry was at 68.29, a little too high for today. Signal pretty good on chart. Just broke past recent high. We had a recent downtrend which seems to have formed a double-bottom. Past few days had the price in range around the previous support/resistance levels and...
by Charles | Aug 18, 2007 | Uncategorized
RADS – in @14.92 Friday, August 17, 2007 5:46 PM Hats off goes to the good people at http://www.stocktiger.com for the tip. RADS triggered early today, around 10am. I miss the first triggered and when I noticed it, it was down. I waited for the impulse to turn...
by Charles | Apr 27, 2007 | Uncategorized
I don’t usually like to start long plays on friday but I’m trying HAYZ and MAT. HAYZ I tried earlier in April but bailed after it hit my stop. It seems to be gaining momentum again so I am giving it a second chance. If the trend does not accelerate a bit,...