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  1. J

    closing my trading account today

    Hey GG I may be some dude laughing at your misfortunes and really enjoying it or someone who is sincerely trying to help you out, because I was there too. Maybe I'm a guy doing both. Maybe I'm a guy who has nothing to do in life but to post on anonymous internet message boards. you make up...
  2. J

    closing my trading account today

    one thing that stuck out to me about your 1st post in this thread was that you brought the account back up to 2k by writing a check, and then considered the next trade a hail mary trade. why? hail mary trade, going for a touchdown? when you're down, isn't it more wise to cut your position...
  3. J

    what should he do?

    I used to feel the same way. I don't know if this will work for "him" here, but it works for me. Let it go. WHatever it is, whatever it was, whatever it might be. Let it go. Try hard, let the chips fall where they may. Then let it go. Many times, one feels pissed because he takes it...
  4. J

    Here is why I am shorting QCOM..

    Qcom seems like good short. Good place to short would have been around 34. Good luck to you, I think you put on a good trade. Jake
  5. J

    Adding to Losing Position or Averaging Down Cost ?

    I dont think averaging down is a good idea. I think Div Poacher and jack hershey made great points. If a trade is going against you, then it feels bad (hey, at least to me). It shakes your confidence. If you add more to a losing position, then isn't it just worse? Even if you had a good...
  6. J

    now ebay could fall further...

    Hello. I would like to say some things. I said back in middle of April, that I disagreed with those shorting ebay in this thread, and that I would buy the stock back then. I cannot understand why people would think about shorting ebay, now. It's making multi year highs. Pop out of...
  7. J

    Babak's Journal

    Nice journal. I agree with you, that the market would go down. I don't think it's time to sell/short yet, though. I think the market could go up a little bit more from here, perhaps to DJI 8800 to 8900. I don't think DJI can break 9k. Then, I think that the summer will bring a lack of...
  8. J

    amzn

    Yes, I think so. There are some really good gainers right now, especially small cap ones, for not really sound reasons. I can't complain because I am making good money off them, but I fear that these are not sustainable. I think the market will go just shy of 9k for DJI, and then round over...
  9. J

    If you could have any job, what would it be?

    Trader/investor. If not trader/investor, then professional boxer. What I would give to have the athletic talent of Roy Jones Jr.....
  10. J

    Adding to positions

    Thanks for your comments. I agree with you. I want to add to positions on pullback. But the thing is, sometimes stocks just do not pull back. I shorted this stock a while ago, and I really wanted to add to my position. It never gave me a chance. I mean, it literally went down 10+ points...
  11. J

    Adding to positions

    Yes, you're right, rlb. Planning is very important. I watched this stock for months (literally, every tick), and when it finally broke out, I felt good. Entering the trade was done well, I think (well, I think I did it well, but maybe some people think they could have done better). I bought...
  12. J

    Adding to positions

    Hi. I guess I'm a swing trader. I hold positions from just days to even months. Right now, I am long a stock that is making very good gains. But I feel that I did not do something well. That is adding to my positions. I have a question. What is a good rule when trying to add positions...
  13. J

    De-Mystifying Trading

    Yes, I agree with you wholeheartedly. rlb was dead right about it. We have to embrace our faults and use it for our advantage. Then those no longer become faults, but advantages. And you're really right about embracing anger and using it as a motivation having good effects on other areas...
  14. J

    De-Mystifying Trading

    Hey, thanks for your post. I very much agree with you. When you get to the end, what else is there to do? This is where you can set new goals, I think. For example, when J Livermore made the money he wanted, he could have then said, "you know, I've been pretty fortunate to make this kind of...
  15. J

    De-Mystifying Trading

    Hi. To be honest, I don't know how to answer you question. Can you forget, I mean, truly get it out of your head? No, I don't think so. The tendencies or some kind of knowledge is always there, I think. I think Iceman made a very good point. Yes, tendencies can be worked on, and you can...
  16. J

    De-Mystifying Trading

    I agree with you Simon. Yes, it's the simple thing that is hard to do. I really agree with you that the having a plan and sticking to it is the hard part, even though it's a simple thing to do. Something simple is not necessarily easy. You're right - a sound trading plan is not that hard...
  17. J

    De-Mystifying Trading

    I partially agree with you - I think you made very good points there, SimpleSimon. However, I don't know if it's that simple. I would like to give my opinion. Please be aware that I'm not a big time trader who made 7 figures or anything like that (one day, I believe that I will be like that...
  18. J

    now ebay could fall further...

    heheh Yea, I'm probably that kind of person. Im always so late, it's not even funny. A lot of my winners have been the kind of stocks where people thought it couldn't go higher and it did. Also, a lot of winners have been stocks where people thought it couldn't go lower and it did...
  19. J

    now ebay could fall further...

    Hi, im new to ET. I have read and enjoyed this website for a while, and I wanted to say something about ebay. Please know that this is just my opinion, and I am by no means a huge time trader or anything of the sort. I do not mean to offend anyone; that is not my aim. What I want to...
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