Search results

lilbit, Don't bother with my trades today. I'll give you a better stock set-up in the future. My trading was emotional today which we all know that is the hardest part of trading.. In fact, I still haven't figured out how to control it. I have very good skills but I don't have the...

Stopped out on my NUE at 40.79 Plus 23 cents.

Another stopped triggered on MOS at 59.35 a loss of 5 cents. I have 2 losses now.. MOS and MELI. I'm very disappointed today.

Stopped out on MELI at 85.32. a loss of 56 cents.. I still have my position on MOS and NUE. I'm gonna try to let these stocks run.. MELI did not have a good setup to begin with.. The reason I bought it was because we are trending today and I thought it will be caught up by the market...

Real Time Update: I bought MOS Entry - 59.4 Stop - 59.19 I'm just behind on my entries today. I'm not happy with how I traded today. I was chasing the stocks which I shouldn't do..

By the way, as you can see I get crappy fills.. I just don't know how to get good fills. Which sucks..

Real Time Update: I bought MELI Entry - 85.88 Stop - 85.42 As you can see, my stop is wider than usual.. it's because MELI has a wide spread and very eratic. You have to give it some space..

Real Time Update: I bought NUE Entry - 40.56 Stop - 40.42 It hasn't gone my way yet so lets hope it goes up..

Real Time Update: 8:55 est. One of the things that I hate so much is a gap up before the market opens especially on an extended market.. It will almost always pull-back which ruins a lot of my set-ups. It is what it is.. There's nothing I can do.. All I can say now is be cautious and...

Aug. 21, 2012 The Market consolidated again today which is very good. We're still overbought but you can definitely feel the bull traders alive and strong. I wouldn't mind if we consolidated again tomorrow but I also wouldn't be surprised if we trend higher. Focus tomorrow as it could be...

When I say today isn't good to be buying stocks, it means the market isn't trending up, most of my stocks on my watch-list are just going back and forth, up and down with no direction. AAPL on the other hand was trending higher so good job. The strength of AAPL just amazes me. But the...

lilbit, Please don't even look at my trade on ALXN. It was not a good trade. You're right, the spread was even bigger than my nickel stop. I had no edge today cause I knew the market was just going back and forth. ALXN is working very well now though which shows my skills are still...

Stopped out at 101.8 loss of .7 As you can see, today is just not a good day to be buying..

Real Time Update: I bought ALXN Entry : 101.15 Stop : 101.10 ALXN had a higher low setup so I tried it. Very minimal shares only. Just basically gave this stock a try. Not expecting much out of it.. As you can see, I'm only risking 5 cents.

Real Time Update: 10:35 est. The market is pulling back which is good as it needed to digest the big move up from last week. I had no trades today and basically done for the day. It's a perfect time to watch a movie and relax.

Aug. 20, 2012 The market was again resilient today.. It didn't give anything back which reveals the confidences of the bulls. 1. SNP 500 - digested the move up from yesterday which is ok. 2. Russell 2000 - Remember when I said that Russell needed to catch up.. guess what? it's catching...

The most important question traders want to know is can I make a living trading the stock market? The honest answer is most likely No.. Trading is the hardest business I have ever encountered.. I can't even begin to tell you how hard it is.. If there's anyone who tells you otherwise then he...

I got stopped out of ANF at 36.11 = +.26 +.26 isn't much and it's because today is just not a good day to buy. I'm basically done for the day. Market doesn't look that great and it's better to sit and live to play another day..

Real Time Update: Entry - I bought ANF at 35.85 Stop - 35.96 The market looks horrific right now. Like I said, we'd probably pull back today and that's what is happening. The only reason why I bought ANF is because it had a good setup.. Otherwise, today is not a good day to be buying...

Remember when I said the market will either break up or break down? The market chose to break to upside which confirms to me now that we are definitely bullish. However, we just had a big up day today so don't start chasing. In my previous post, I kept saying how I've been waiting for...