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    Argh! 2 day losing streak to start my Da-Trading career...

    I took a break Friday and will paper-trade couple of days next week. See what happens. THank you again to those who replied! I will keep posting.
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    Argh! 2 day losing streak to start my Da-Trading career...

    Oh, nothing. However, it's was just a little discouraging to start right (1 good day) and than have 11(!) losers in a row, without realizing my stupidity. So, as I said I needed to ventilate and get back to the drawing board. I haven't traded today. I am back-testing right now and it seems...
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    Argh! 2 day losing streak to start my Da-Trading career...

    [b] OK, here goes: AMT: I have lost because I used a Trailing Stop of 1.5% and it knocked me out. I did not have the guts to re-enter. CMCSA: I was so bent on using my 'pricing entry' system that I ignored RSI DIS, ARO, MYGN: same as CMCSA PL: Actually it was also the same as...
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    Argh! 2 day losing streak to start my Da-Trading career...

    Thank you for your replies everyone. I will analyze them and post tomorrow. Probably more questions, too :)
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    Argh! 2 day losing streak to start my Da-Trading career...

    I hear you. This is why my entry points are Buy Orders above certain price levels and this is why I am using Trailing Stops. I do not trus myself. At all. I did trust the system enough to follow it in cash trading and it worked fine...for a day. Last 2 were a complete disaster. Worst of all...
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    Argh! 2 day losing streak to start my Da-Trading career...

    ***Deep, VERY Deep Sigh*** OK...the only thing I came up with so far to avoid being taken out with such spledid regularity is to extend my wait to at least 10:30AM (as I pointed earlier I used to jump on stocks that exceeded their 10:00High and moved higher). I backtested today, I would...
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    Argh! 2 day losing streak to start my Da-Trading career...

    You might be onto something here (at least I hope so, otherwise I do have 'manure for brains'). I agree that paper-trading, however real you are trying to make it, will be somewhat detached from reality, but no winners on 11 straight positions??? Has any of you struggled in the last...
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    Argh! 2 day losing streak to start my Da-Trading career...

    The title is pretty self-explainatory. But short story first: Got interested in day-trading 2 yrs ago, traded a little in 07 (mixed results), decided to go at it this year. Needless to say the results have been, erm disappointing. So far this year I am down about $4,200 just day-trading...
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    Trader P/L 2008

    Terrible day. -$613 on 200 of AZN and 600 of ICO Got out of AZN on time, but for some reason hesitated to pull the trigger on ICO (seemed to show the signs of reversal around 10-10:30AM. Should have sold ICO at $13.50, but was let down by my pride, I guess - who wants to be wrong, right...
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    Trader P/L 2008

    Very light trading again. Working on confidence. Had to run to work, so only had the time to open one position. 300 shares of SOLF. +65.42 (I know, I know - wow!)
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    Trader P/L 2008

    Up a solid $3.10 this morning! Traded a couple of very small (100 shares) positions early, then had to take off for work. Three bucks? I'll take it, thank you very much! :)
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    Trader P/L 2008

    I guess I am the first one to be done for the day :) Very light trading again before going to work. 100 Shares of DAX 200 Shares NVTL A solid $26.60 in the green :D
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    Trader P/L 2008

    Good to see everyone doing so well again. Very light trading today. 100 shares of JASO+100 Shares of ABX. Traded for 25 minutes at the open. +68 and some change.
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    Trader P/L 2008

    Second time posting in the Journal: 5/8/09: +$153 (1000 Shares) 1 position 5/9/08: -$335 (5400 Shares) 3 positions (2 Wins, 1 Loss) 5/12/2008: -1050 (8300 Shares) 3 positions (1 Win, 2 Losses) 5/13/2008: +262 (3500 Shares) 2 postions (2 Wins, 0 Losses) Total for May: -$971...
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    Trader P/L 2008

    Last 3 trading days: 5/8/09: +$153 (1000 Shares) 1 position 5/9/08: -$335 (5400 Shares) 3 positions (2 Wins, 1 Loss) 5/12/2008: -1050 (8300 Shares) 3 positions (1 Win, 2 Losses) Total for the year: -$2330 Trade using Fidelity's Active Trader Pro. Trying to scalp about 0.5%, stop...
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    Peak Oil Doom and Gloom, or maybe not...

    Yeah, but how much oil is needed to grow an average pig? :D
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    Peak Oil Doom and Gloom, or maybe not...

    I guess the question now is, how much oil is needed to build those 600 power plants :D Also, on the subject of Peak Uranium, recent spike in Urainum consumption and mining by China/India led to a dramatic rise in its price...sign of things to come? Although, if we are to go down that...
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    Peak Oil Doom and Gloom, or maybe not...

    I read somewhere (don't remember where) that it would take 3500+ nuclear powerplants to power the US alone. Mind you, this is not 'replacing oil', just replacing conventional power plants. Another piece of info I came across said that we would have to cover all of the continental US with...
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    Peak Oil Doom and Gloom, or maybe not...

    PART Deux: That's EXACTLY what Peak Oil is about...the best analogy to use would be that you won't need to lose all the water in your body to die from dehydration. A mere 10-15% would probably be enough. Much like our body, our economy will not be able to remain stable (or to remain...
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    Peak Oil Doom and Gloom, or maybe not...

    That's EXACTLY what Peak Oil is about...
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