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+ $305 Grabbed early profit on PCL short and I'm gettin the heck outta Dodge! Best of trading and good weekend to all!

I'm leaving for the holiday weekend and wanted to post an end-of-month coda. In July I did what I did well and averaged $5900 a week. First week in August I strayed from my plans and my discipline and blew about 12% of my account. The following week I scaled back my positions and focused...

If trading is overly stressful, why bother? I find trading to be fascinating, despite the heavy tuition I've paid, because the greatest thing I've learned is that the market always has something to give, every single day. The profitable trades I made were profitable because I followed my rules...

I think you'll have a lot more consolidation before a break either way. Earnings are over, and they're consolidating smack in the middle of their year's range. Credit cards are maxed out, so there's no real picture of big earnings growth in the near future, either.

+ $3205 Studying stochastics further and have confirmed over the past 3 days that the first major oversold/overbought sharp pivot of the day is definitely the strongest, and paper trading I’ve had 90% success with this one. I am gradually learning to recognize some of the traps in the...

+ $3205 Closed FWLT Nov calls, looking to put on again in the $3 range, this stock rocks! Closed TEX Sept calls, too. Will trade this one again as well on any pullback. Holding PCL short overnight.

I think the more you trade the less your heart rate is affected at all. I'm pretty relaxed these days, because I don't put on a trade that hasn't given me strong signals and I'm ready to bail if it doesn't go my way. (An exception to this would be seeing "Trading Halt" come across the...

Just discovered stochs this week and it's simply amazing IMHO

"The future is that time when you'll wish you had done what you aren't doing now."

Darshan, I use this calendar to see when companies are reporting. The exact times vary, but I catch that on my streaming news. ND http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/PagePopup.aspx?PageId=3271

+ $647 Bought MFLX @ 17.73 in my trading account as well as IRA accounts, stops @ 17.30. I’ve traded this stock before and like the strong fundamentals of the company. Chose this swing trade based on intraday and multi-day extreme oversold conditions, as well as higher lows on the double...

+ $647 Left $$ on the table closing FWLT stock position too soon, but still holding very profitable Nov calls because FWLT's daily chart looks awesome to me :cool:

One advantage to fading the crowd and shorting at the top when overbought is you can set a very tight stop and get a strong R/R out of the trade.

The last hour is also very active and liquid. Often a strong trend started early in the day is continued after the lunchtime doldrums, and breakouts/breakdowns out of consolidation are very powerful.

- $38 NVAX reported quite favorable Phase I/IIa results. Currently have nearly a $3000 gain on this one; not bad for small positions on a cheap little stock. Spent most of the day studying stochastics in real time again, and also studying daily charts as a swing trade indicator, which...

- $38 Mainly studying charts all day, just two trades which basically canceled each other out :eek: (Hermit, if Prozac is too expensive you can always try Repressitol and if that doesn't work, then Phuckitol :p )

If you look at the charts for AGU, CF, POT, etc, you will see that they bounced off their 200-day SMAs, are retracing their pullbacks, and are forming higher lows and higher highs. CF is the strongest in this regard (having retraced half what it lost from its highs) and my guess would be the...

The difference between mortgage finance companies in 2006 and 2007 and fertilizer stocks is that fertilizer companies aren't selling their products at a large introductory discount to thousands of financially unstable farmers in exchange for them locking into long term adjustable rate contract...

1R, :p - $84 Only one trade today as I added stochastics to my charts and was studying them as a long/short indicator. They seem to be quite an accurate indicator, but I need to learn the idiosyncrasies of using them. I traded FLR near end of day and got in on a soft cross and pivot...

- $84 Only one trade today, studying stochastics. Did try to short LDK, no shares, so turned it over to my better half, who got the work done :p