There was not much trading. I took a couple of break even trades early in the morning after the big mouth stocks did not pan out. Then I sat and watch. And I sat and watched some more. Then I said screw this and had lunch with the wife. Came back and sat and watched some more. Finally things woke up in the last hour. I caught a trade in FCX when I was breaking out over 123. It run to about 123.90 and I was in heaven until it fell back and hit my stop at 123.40. The low was 123.39. It run to 125 with out me. That could have been one big trade for me. I thought a 50 cent stop was good. Not this time.
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The numbers:
Stocks: gross +39 net +77 shares 3200
Stock Futures: gross +20 net +10 contracts 4
Forex: none
Friday, May 16, 2008
Friday Trade Review
Thursday, May 15, 2008
A late Thursday Trade Review 5/15/2008
I wanted to put a couple more charts up but I keep getting an error. Early I problems with my VM getting overloaded on this machine. Too many things being a PITA.-
I was very stupid today. I missed the two good parts of the trading day - around noon and near end of day. A friend called at lunch and I said I was not busy and walked away from the desk. I thought it was going to be a 15 minute call that turned into an hour. I missed my favorite steels dieing as oil sold off. Near the end of day, I got so frustrated I was not getting signals, I gave up with an 1/2 hour to go. You can look at the chart above.
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The numbers:
Stocks: Gross +71 net +44 shares 5000
Stock Futures: none
Forex: none
Wednesday, May 14, 2008
Wednesday Trade Review 5/14/2008
This was one fucked up day. I woke up in a bad mood and just was not happy. I started trading with a Big Mouth trade that netted me nothing. Next I decided to be totally impulsive and quickly screw up two and add to my bad humor. Next came the email that stated I could fix my yahoo account finally. Great - only a 5 minute task took an hour. Thank god Microsoft did not buy yahoo or it would have been a week long task. Next I had problems with my TD charts and streamer - more fun.
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Finally my afternoon calm down. Finally my attitude got better. With the sell off, I made a couple of trades. All of them I should have held longer but it did put me back in the black for the day. Only 21 dollars but better than a loss.
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With my yahoo account fix, my car repairs set up and my moms problems on hold, I can only hope all I need to deal with is the market.
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The numbers:
Stocks: gross +58 net +21 shares 8400
Stocks Futures: none
Forex: none
Tuesday, May 13, 2008
Tuesday Trade Review 5/13/2008
I am just having one thing after another happen in my life. I really only looked at the market for about 3 hours today. My mother call and I was on the phone forever dealing with her Medicare part D (Drugs).
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I was proud of myself for getting two good entry points on the Big Mouth Stocks. The charts are below. I was able to get small profits out of each. One of them should have been a big winner and the other a break even. The big winner EMR I got scared out of too early. There was many bad ticks that gave the impression the stock would go higher fast. The OC gave little room to profit.
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The rest of the trades were just junk.
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The numbers:
Stocks: gross +90 net +75 shares 3000
Stock Futures: gross +30 net +20 contracts 4
Forex: none









