looking for a low here in ABX and gold mining sector... GLD has been showing some strength recently , putting in a higher low, might take that as well.......attached chart showing some great technicals
have been day trading for about a year and massivley struggling..... in early march i bought 400 shs of UA and it dropped about 1.50 in 10 mins on me and i took a loss, big one for my account... the stock completely reverses to go up 2 bucks from my original buy that day then went up like 4...
went long thurs,its late but I can no longer question market, i will just go with it, i feel SP is going to at least 1250 after closing above 1220....im not comfortable getting long at this level but will certainly not short here...will stay long with 1180 support
Balance($)
Today's...
week ending 9/30:
posting and pasting balances weekly going forward, daily is too cumbersome
summary for week:
got long aggressively on mon and tues , I came to conclusion that volume was too light and it was just a short squeeze so I covered to 100% cash on wednesday morning.... i regret...
9/25
daytrading PL:
HPQ -28
FAZ 54.40
AAPL -60
FCX +343
NFLX -217
AGQ +490
SOXL +118
CLF +69
WYNN +136.78
+853
terrible trade when i shorted HPQ at 23 was up +400 and had to take a loss , seems this is becoming a habit I have to...
9/21/11
Daytrading:
-24.33 for the day.. made some awful mistakes not taking profit, though i dont think my head was in it since im going on vacation tomorrow..
DNKN +32
NFLX -99, was up $600 at one point
TNA -231.. shaken out twice here
TBT +184... went long around noon...
9/20/11
Day trade P&L: -18.48
some uneventful scalps earlier... then went short SPY too early and was shaken out for a small loss... was able to recover by going long VXX when market dipped..... major mistake was covering SPY short wouldve been profitable trade since i was short 1k shs...
back story:
pretty much lost everything i had awhile ago gambling, then slowly built my life back together with hard work at a regular desk job.... decided to put some $$$ into the market after stabilizing myself
2009:
deposited 30K in early 2009 because i had notion that Smith and...