No trades

Didn’t take any trades today. I was watching through most of the morning but nothing overly interesting, beyond borderline fit type of trades showed up. That together with a flippant market direction and lack of patience meant I succumbed to end of the week tiredness and called it a day.
I’ll be back next week.

BOBJ

What a day.. things were definitely volatile today but lacked order and direction and just too risky either side. I therefore took just one trade shorting BOBJ which went absolutely nowhere for most of the day and then did the market flip-flop late towards the close. I kept it to the end and.. “BobJ’s your […]

Day Trading Results

Mike from tradermike.net wrote an excellent, must read, post about his experience in day trading. If you read his post carefully you can gain more from it than from 90% of trading books out there. You also have to appreciate the candid, opennes of the post which is a rare thing in the trading world.
Incidentally, […]

Trades for today

I took 4 long trades today as follows:
1. UARM - stopped out for -1R. The setup just didn’t work and the stock crumbled.
2. LIFC - stopped out for -1.1R, a bit of slippage there in the entry. This was a forced trade as it wasn’t a prime candidate for me. It gave another dummy entry […]

Interview with Brett Steenbarger

Stockitckr is featuring an intersting interview with Brett Steenbarger. Brett publishes excellent original analysis and research and trading psychology articles on his blog TraderFeed. I found out from the interview that Brett is about to publish a new book called: Enhancing Trader Performance. I enjoyed reading his previous book The Psychology of Trading so I’ll […]

Office 2007, my first impressions.

I’ve installed the Office 2007 Enterprise pre-release (beta, previously code named Office 12) and gave it a short test drive. It looks really neat but the new menus and tool bars are quite different from Office 97-XP-2003. Some of it is really wierd like the dynamic changing of the tool bar.. I do like the […]

Lots of trades

Phew what a busy day. Lots of candidates this morning which meant lots of decisions, lots of trades, lots of calculations and paperwork. Alas not so “lots” of P&L. I took 4 trades, 2 longs: NTRI, which resutled in -0.9R and LVLT which got stopped out in the afternoon for BE. I should have known […]

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