sfsamperi.blogspot.com

You have to survive

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

Thursday, February 10, 2011

HSFT was stopped out this morning. Happened to pull back up but oh well, not the charcter of stock that i want anyways. 10.8% lost. ouch. i need to make sure that my ema's are spread apart AND price is above the 20 and ema's are steadily aiming NE. All my worst trades lately including the 26% drop in SWIR and the 10.8% drop in HSFT had ema's that were "apart" but going more E than NE with wavy ema's. im getting stricter on my ema's so thats good.

went ahead and exited KBH. gave me a nice 9.5% gain but i should have exited earlier, at a much smaller gain. i want my trailing stop to be the 20 ema, not the 50 ema.

also exited JAZZ since i just realized it had a rising TL resistance that already halted price.....i guess i didnt see that line when i entered, maybe i was rushing, i dunno. i got out for a 7.8% gain, slightly worse than what i might have gotten at TL touch. i need to draw all the weekly/daily TL's and channel lines i can that will be support/resistance.

several caught my eye but after weeding out many i only wanted to enter one but after being distracted the market closed so i had to put in a limit order for the morning.

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