This blog is geared towards improving my trading knowledge and recording my trades. I am not licensed to give financial advice. Trade at your own risk. It is your fault for losing in this money game.
Thursday, February 10, 2011
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!
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

Monday, February 7, 2011
Entered MDSO and FFHL long entries


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


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
