As I earlier, I will try to come up with my watch list and the expected prices. Steve and Matty left a comment saying that you can’t decide exact entry price/exit price etc. I agree. What I meant to write in that post was what would be my approximate entry, exit and stop price. E.g. [...]
Entries from November 2008
Watches for 12th November
November 12th, 2008 · 5 Comments · General
More losers..
November 12th, 2008 · No Comments · General
Well, it was a very tough day for me today. Today, I was at my computer at around 8 and started looking at potential plays for the day. Once again, I was glancing at Adam’s watch list and I liked two stocks. MYL and BGS. Here’s why I liked MYL. MYL was moving up for [...]
Preparation and Discipline
November 11th, 2008 · 4 Comments · General
For Monday, November 10th, I didn’t really have any watch list prepared. Market was heading high on China stimulus news. Just like the jobs report news convinced me that market should crack, China news convinced me that market will run today and my mind was convinced not to enter any short position. In the chatroom, [...]
Tags:aig·discipline·preparation
Turning A Winner into A Loser
November 9th, 2008 · 9 Comments · General
My Thursday’s post indicated how I had two winners under my belt. Let me tell you the sad tale of how I converted one winner in to a loser. First, my o/n short of DIN. Here’s what happened: I don’t know why I panicked during the second run. I actually sold at the PEAK of [...]
Biggest enemy of a trader is..
November 7th, 2008 · 13 Comments · General
Before I tell you who is the biggest enemy of a trader, let me tell you about my today’s trades. As I blogged in my previous post, I had my biggest winner today and I was on cloud no. 9. I was looking to short PLA, TGA and RZ. TOS had borrows for none of [...]
Tags:bee·cphd·din·pnk·trading psychology