sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Wednesday, April 14, 2010

just got stopped out of this stock today. the falling support line i was using was steep so it made me remember thinking about whether i should use a TL like this a long time ago but never really got around to an absolute answer on what i should do. after analyzing it and thinking for awhile, i think the falling TL was fine but the problem was, i wasnt confirming the trend enough. stochastics were clearly stuck oversold indicating a continuing downtrend... but i was trying to go long...
:( oh well now i know how to improve.

No comments:

Post a Comment