Wednesday, May 9, 2012
keep on keeping on
Still here, still trading, always adapting. Been very light trading in the morning, with 1/4 size and a "right or right out" mentality. I have been making more successful trades in the afternoon after things shape up and the direction of the day becomes clear, so have shifted accordingly. It seems the market is all about headfakes in the morming. I remember a time when most my trades were morning gappers, and what you saw was what you got, but that is not working so much for me now, so mostly sticking with unusual high volume stocks and playing breaking news. I was 2 seconds away from getting DRIV, and missed LEAP and PCS entirely. I took PFE but got wick'd and didn't get back in, but I did get AVP. I was late and missed the initial move, but took the second break and it worked instantly. One good trade makes up for a stretch of tight misses.
Subscribe to:
Post Comments (Atom)
Early winner/loser in 5g, Ericsson ERIC, Nokia NOK
I like to start collecting stock tickers for after the new year, stocks that have been beaten down and window dressed more than they deserve...
-
No really, here, but quiet on the blog front due to life happening. I have taken some swing (about to become long) positions, most notably ... -
My trading has been flat and uninspiring the last week. I have chopped about, and for every good trade there has been a bad one. Today is a ... -
Nice to have earnings season here, should at least give some individual names some solid direction, and maybe hold up the market. I had a ni...
No comments:
Post a Comment