sfsamperi.blogspot.com

You have to survive

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

Friday, January 14, 2011

ALTR long entry

Stopped out of AIG today, an 8.4% loss. AIG's consolidation was a little wierd. Entered ALTR at the close. I still see a couple of lousy indicators in the stocks im already holding. Usually my worst trades have lousy indicators too.

Im still going full-force with entries using strong ema trends with consolidation breakouts, or no ema trends with 20 ema breaks. I think i could exit everything early if its a strong trend but market makes a large bar closing past 50 ema or if its no trend and market makes a large bar closing past 20 ema. If no trend then i probably should instantly trade the opposite direction. Basically, i still want to trade with strong market trends, or with market oscillations in no trends. Thats all market timing.

I have had several stop outs, but with individual stocks i am giving up sp500 futures stability for more volatility/potential for higher gains. If i were to feel really confident in timing the market, i might try trading futures again. long time ago i learned how much simpler it is to focus on futures alone, i only left cuz at the time i need more assets to filter through. It should equate to lower % gains but much easier. i favor easy. trading individual stocks i am always hoping that my gains will be much better than my losses so i gain overall, since i will usually have losses mixed in. i think i will also put on futures trades from now on when there is a setup. happy birthday dad.

Thursday, January 13, 2011

Finally got a target hit. VLO gave me a 12.2% gain. Market has been sluggish but i have patience. VLO should cover a couple of the stop outs i got in the beginning of the current uptrend. I also quit my CVBF trade since it was doing nothing and was not in a strong trend at entry like i want now, it was a 3.2% loss.

Monday, January 10, 2011

JAZZ long entry

Entered JAZZ around 2:15pm today, early but ill be at the gym around 3. Really like the consolidation and the strong trend. No clear target to use so ill just exit after a break of the 20 ema. no resistance at all going up.
Now im holding 10 long trades going into tomorrow. Basically a flat day overall for my portfolio. One more solid up day might give me a couple of targets. we'll see. my girlfriend is beautiful!

Friday, January 7, 2011

NCTY long entry

Overall my stocks are holding up or moving up. After browsing for a couple minutes i found this setup. Everything looks extreme so i wanted to try it. Tiny consolidation, huge entry bar, huge reward, huge volume bar. These are the kind of signals i should always have in my trades.

Thursday, January 6, 2011

STZ was stopped out for a 5% loss. its entry bar was not that impressive....why did i get into it? i probably really liked the consolidation/strong uptrend setup but i hope i never get into something like that again. Overall, the really good setups do better than the so-so setups. Yesterday's AIG entry has a huge bar! (improvement)

Wednesday, January 5, 2011

AIG long entry

Market finally came back to life this week and i bought AIG today at the close. This is another one of those trades that doesnt seem to have a nice target for me to aim for, so ill just wing it and probably wait for a 20 EMA break.

Holding 9 long trades now. Overall everything is looking good. Just a few are questionable right now but ill stick with the trend no matter what they do.

Gaby is beautiful