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  1. A

    An Accountant's Journal

    Sold AA at 27.66 in the afternoon because it was doing nothing all day and 27.66 seemed to be the resistance. Sure enough right after I sold, the stock shot up to 27.89 and hovered around there until it finally closed at 27.76. Oh well, I made around .40% which is well shy of my 1%...
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    Goog

    When google was at $198 Jim Cramer kept saying BUY! It should be trading at $250. After their 1Q earnings he said BUY! It should be trading at $318. He was right the first time when everyone was saying it would never get to $250, will he be right again? Shorting would be a big mistake.
  3. A

    An Accountant's Journal

    Answers to some of the questions: Only play one. Only go Long. General market direction is factored into my plan. Papertrading success rate is 45/62 trades successful. That is with the 1% to .66% reward:risk ratio. All in all, >70% success with a decent reward ratio made me happy. I...
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    An Accountant's Journal

    Hello everyone, I am starting this journal to keep myself disciplined with my strategy and to get some insight/comments from other traders. A little background: Currently, I am a full-time Tax Accountant working for a fortune 500 company. I also have a side bookkeeping/tax practice...
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