sfsamperi.blogspot.com

You have to survive

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

Tuesday, August 31, 2010

mixed day. ADSK and COL got stopped out after only 2 days. DBO and DBC had a large pullback but they are mutual funds and im thinking i should avoid them cuz even though they cover different things they have the exact same charts, which means they have the exact same buyers and sellers. so its like im betting double on the same buyers or sellers for no reason, kinda risky. CVH, EL and NFLX all look good right now. Nothing looked anywhere near good enough to enter with low volume and many dojis today.

i think i just need more time/trades to really see how the MA's could help prevent pullbacks for me.

when the MA's are close it allows price to puncture them easily.....but this works the other way around too so its not really helping my odds at all to prevent an immediate pullback after entry. looks like im still just as likely to get stopped out. the MTF MA's really wouldnt start preventing pullbacks until price has moved in the right direction for anyways but that happens at some point in every good trade so thats already covered. i need to figure out how the MA's should look to prevent an immediate stop out. i think going back to entering with MA's farther apart but only adding a requirement of price closing past the farthest MA on entry....hmmm...

Monday, August 30, 2010

No stop outs today, overall a good day of gains. A few stocks are pulling back to MA's so hopefully they will do their job and hold up. My other trades are moving solidly in the right direction. I like the watchlist that i have but there was very little volume overall so nothing looked good for entry.

Friday, August 27, 2010

ADSK, COL, DBC, DBO long entries

I entered these four beauties right before the close today...all longs too.






I also had CHRW and COST (darn i liked this one) exit at their break-even stops. Turns out that COST didnt even have a large enough channel range for me so maybe its jump in volatility couldnt be handled by the small channel.
I started thinking after looking at my COST trade and i think i should start TRYING to use the next TL as a target instead of just a general area where ill assume my trailing stop will occur. It should be my official target and if it ever gets touched i will exit. My trailing stop should be the safety net, not my main form of exiting.
I have also decided that the volume of prior bars to entry bars in a bar signal are virtually meaningless. I have skipped trades based on prior bars' volume and now i think that was really stupid. All that matters is for my entry bar to have nice volume.
time for some World Soccer on NES



Thursday, August 26, 2010

Nothing to enter from my watchlist, i think it got stale early this week.

Exited two trades. AKR was a small 4.2% gain and APKT was a "large" 4.3% loss. I think i AKR would have been better with the MA's out of the way. APKT probably just robbed me but oh well. Break even day as far as my ratios go....



couldnt sleep yet so i made these bad boys

Wednesday, August 25, 2010

Wanted to exit my AKR trade but internet wasnt working so ill have to get out with a market order in the morning. really annoying. i wish i could find internet that never gives me this problem.

Nothing quite good enough to enter for today.

I moved CHRW to break even.
I also moved COST to break even after its first day since it really took off. Its an early but good testament to my new MA requirement. The best three moves i have been in lately are also the only three that pass my MA requirement. The most recent two were on purpose.....im smart huh?