How true...How true...Took me a while to learn this one.
In personal trading, I've made all the mistakes but the stupidest was probably being long the stock and short naked puts. Easy way to double up your loss when it goes against you. Fortunately, I have learned from those mistakes.
In...
I sold VPHM because I didn't think volume would hit FRV. I don't have access to real-time volume stats (20 minute delay) and the pace of volume had slowed during the day. I have watched several positions fade into the close as volume wanes. I'm still in the process of learning the method so...
I'm paper trading through a simulator so no real money at work. I bought VPHM @ 19.90 and sold @ 20.20. From yesterday,
I was in Pets @ 14.23 and got stopped out at 14.34. I was also in BCSI @ 45.35 and it opened sharply lower it hit my stop at 44.44 (would've been a good short). It didn't...
First post on Elite Trader. Spydertrader, I have to compliment you on the journals, your willingness to share and your professionalism. I have read all of journal two and am half-way through journal one. I am a professional bond trader for a national brokerage but the methods in my business...