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.

Wednesday, February 9, 2011

earnings lesson- beware!

my SWIR stock precipitously gapped down about 25% the morning after i bought it. its because of a realy bad earnings report that came out. this has happened to me before i think on another stock........AVOID TRADES THAT HAVE EARNINGS REPORTS COMING OUT FROM NOW ON. EARNINGS REPORTS ADD A GAMBLING ELEMENT TO A TRADE AND I DONT WANT THAT. now i know to research potential trades' earnings reports to make sure i dont get caught up again. oh well. good lesson!

now im thinking about using earnings reports as an exit signal. seems like people usually trade the rumor and sell the news....rally up to great earnings report, followed by an immediate sell off. whether people are buying the rumor and selling the news, demand becomes exhausted or they are truly surprised, short term trends usually change or reverse. hmmmmm.....this would be the first fundamental signal for me to ever use.....hmmmmm.... in the end, you just dont know what the earnings will really be either...

no time to look for entries today, probably not much anyways....

thank you for helping me so much Gaby! ur so pretty!

Tuesday, February 8, 2011

SWIR long entry

wondering if i should use 50 ema as trailing stop....especially if market is still in a trend when a stock pulls back.


entered SWIR a little early at 2:22 since i have to leave.


only a few caught my eye today, but i could have searched more.

Monday, February 7, 2011

Entered MDSO and FFHL long entries

MDSO looked great. FFHL looked great with the exception of a partially so-so consolidation. Its a little bumpy compared to what i think i should get.



I have been thinking i should also require a stock's industry to be in a strong trend also. Maybe with no resistance in the way as well, just like a trade. I have onlly done a little research on it so far but ive already gotten the feeling it would help even more. Maybe. I did that before when i was trying to find great reversal points in the market over the summer. Now im lokoing for great strong trends to ride. With reversal points the industries didnt seem to matter since everything reversed together anyways. But with strong trends, even if most industries reverse together, different industries do trend differently. Even if they all trend together, some will look better than others by being strongER or having less resistance. Right now oil/gas and semiconductors are trending better than most. when the market is oscillatiing up, a certain industry may oscillate sideways or up or down. i didnt have time to check today's entries' industries before entering but ill keep it in mind.

Unfortunately my GRYE penny stock investment is most likely a fraud. It seemed like such a great company because someone was making it all up. oh well. ill take my money out of it after it gets up around 2 cents again. darn.

Thursday, February 3, 2011

MDOEF, EL long entries

Entered MDOEF with limit order this morning since i was too busy to watch the close today. The other limit order for OME hasnt triggered yet and probably wont....how sad. Entered EL before the close today. Several stocks caught my eye but EL was the only one the followed all my rules very well.


The market looks interesting to me now cuz there appears to be a significant resistance level where price is at now. Price appears to be pushing up against the level with a little momentum..... but we'll see.

I just punched in several recent exits for my blog trade record and i just realized the only "really bad loss" that i had lately, had a big recent prior high in the way that i didnt see, or maybe ignored cuz it was "old"..i dunno, but not making that mistake again. i already watch out for that now, i guess it just more proof, more motivation to get all that resistance out of the way. im glad i saw that.

Wednesday, February 2, 2011

exited NCTY yesterday since it closed below its 20 ema, telling me its not all cookies and cream with that stock's trend.


entered HSFT yesterday, all its signals looked really good to me...assuming the closeness of the 20 and 50 ema's is ok....havent come across that much but i guess we'll see.


Today my ARW stocked hit its target, giving me a 6.8% gain, even though the sp500 futures today is really really dead.