RamtaJogi— Hacking Life for Money and Fame.

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Jan 27th Update

January 28th, 2009 · No Comments · General

I didn’t get up on time today and missed the pre action. After that, I wasn’t confident about movement of my watches.

Anyway, I pulled myself together and bought C for 3.5 as it was moving higher. C couldn’t hold the momentum and tanked immediately after I bought. Later on it tested 3.5 again and I got out costing me 5$ in commissions. Even though I lost 5$, I was glad with the trade as I correctly identified that C is not able to hold on to 3.5. Only at 1pm, C crossed 3.5 and touched HOD of 3.64.

I need to make sure that I am on my computer at 8AM to watch the pre action. Today in the chat, Muddy was saying that it’s very important to keep pre hits [Long or short] in mind. These are the ones who are most likely to offer great trading opportunities once the market opens. He said that the pre list is even more important than the watches he posts on the website! I think he has made a great point and I will make sure that I am up early to watch the pre action.

Trade Well.

RJ

Status as of end of Jan 27th:

Positions closed for Gain: None

Positions closed for Loss: C (5$)

Open Positions: None

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