So, I missed my flight yesterday morning. I got the airport 45 minutes before my flight departed, but after waiting in line to check my bag in, they said that I could no longer do it because it was passed the 35 minutes pre-departure deadline. 30 minutes till my plane departed and there was no [...]
I’m here. Time to gamble!
Another problem of mine over the past week was shorting when I should’ve been buying. We made a double bottom off of the lows and we should be headed higher in near term. Anyways, here’s Tim Ord’s take on the market direction: Tim Ord’s Newsletter He doesn’t have the best writing skills, but he knows [...]
Yeah…bad week, but I’m still +$2,138.72 for the month in my daytrading portfolio. I made a few bucks in my swing portfolio too, probably more than my daytrading portfolio for the month. Just check in the monthly totals log on August 5th or 6th for the actual amount. I’m not sure exactly how much right [...]
Another profitable morning turned into a EOD loss.
Here’s the chart of the YM: Okay…looking back at the chart of the YM…I’m thinking to myself, why in the world did I short that initial lot? W-bottom, bullish divergence in the RSI…come on. I should’ve known better than that. I should’ve been thinking “BUY” instead of “SHORT”. My second mistake was, why didn’t I [...]
Okay…here’s what I did. I shorted my initial lot at 11201. Then I doubled down at 11237. Then I quadrupled down at 11256. 20 contracts at an average of 11237. The high on the YM was at 11275. I was staring at a pretty hefty loss at the top. Then after lunch, we got a [...]
I’m just sitting here, watching and waiting now…wishing that this week was over. The markets have been in consolidation mode for the past few hours. I’m stuck in a short position…almost crapping in my pants…hah. Not really, but let’s just say that I haven’t eaten lunch yet. This is what I get for being on [...]
My YM trade is not acting as nice. Holy crap…what a move. I’m going to cover on the first retracement back down…
We should’ve gone higher by now. The fact that we’re unable to push higher, means that we’re going lower. This contradicts what I said earlier! Hah. The beauty of the markets…they change on a minute-by-minute basis.
I’m not trying to mess around with profits today. I’m gonna take em while I can. Pristine.com is about to short the breakdown though…I really don’t know what their reasoning is. If there’s a breakdown, I normally wait for the stock to breakdown and then short on the first retracement back up. Again, I think [...]
DTT just called for a YHOO short. They’re a little late to the game.
I like this setup.
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