The Determined Trader

Friday, April 21, 2006

i had, for the first time in a LOOONG time, a FULL week of updays...5 of em! The odd part of it all is my trading volume was INTENSELY low. 15,000, 17,000, 10,000, 8,000, 4,700, respectively. The ODDEST part of the whole week was that my profits were very respectable.

This is an unfinished post from April 06 which is being posted AS IS

Tuesday, April 18, 2006

Wow, I cant belive its been a month since I have posted. Feels like almost a week at most.

My losing streak came to a plateau a couple weeks ago, and now im starting to close up. Nothing amazing, but its up. I feel as though I am comming as close to where I was when I had my 10 days of BIG gains in a row as I have been since then. Most of the success is accredited to not trading the morning. Trading the morning really jilts your thinking. For the first 30-45 minutes the stocks are so swingy that you feel they are after you PERSONALLY, so when they look nice you dont touch them why? Well, hes WAITING for you to get in right? wrong! When I dont trade the morning I dont have the negative history with the stock and I read it with a fresh mind, chalking all it did earlier in the morning as regular morning trading which I dont involve myself in, so it doesnt phase me....

This is an unfinished post from April 06 which is being posted AS IS