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    Trading Journal, December

    Today was a weird day. Had a feeling that all the MER upgrades is just baloney. How can you upgrade the whole sector?? So I didn't play any RLX, well they did shoot up like rockets. And I missed the whole boat. Tried to buy XNG instead. EOG -$26 Bought it at 9:43 at $37.53, I know that...
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    Trading Journal, December

    Ha!! How dare she, compare me to Mr.K. I am curious why she thinks that way, do I look like the flighty type? Maybe it is my charisma that got the better half of her :P. It's is quite often that girls appears to act the opposite they way they feel, when they see someone they like. lol Is she...
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    Trading Journal, December

    I am not absolutely 100% sure about the numbers, but I think it got to be more than 1K. Going over his trades might not be a bad idea. I am glad you are taking more incentives in helping him, because I am up in arms about this.
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    Trading Journal, December

    I spent the rest of the afternoon walking around downtown, and I came across a specialty store that sells a tempure-pedic bed. These beds are supposedly made out of space age materials, that help you sleep absolutely stress free. I tried it out and damm it was so comfortable, I felt like...
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    Trading Journal, December

    WFT $248 OSX was strong right off the open, bought the stock at $35, at 9:42, the sector was ripping and I put in a limit to sell at 60c, that was the hig on Friday, got filled and the stock slice through it and went as high as $36.50, left a point on the table. Looking at my charts, I should...
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    December Trading Journals

    Hitman, I think the road you traveled is far more challenging and exciting than someone who is born with a silver spoon in his mouth, because when we die, we can't take anything with us anyways, except for the memories of facing and conquering all our fears and achieving all we set out to...
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    First day

    friend??? lol Don;t get me wrong this is not the way I usually trade, I hust got some new software and I didn't feel confident trading that much. Point duly noted. I am sure you know what you know. :P
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    December Trading Journals

    someone who is dirt poor, extremly hungry and passionate about life and I will show you a million dollar trader. Well said Hitman. Ivyleague, Doesn't matter if you graduated from Cambridge, you have to want it more than 99% of the people in the world to be a great trader. Make the...
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    Trading Journal, December

    Well, met with the legal eagle, basically told us what we knew all along, no big deal. Just some scare tactics of some sort, of course the lawyer has to look over the contract that we signed but he said the worst case scenario will be arbitration, 6 , 7 months down the road, and we might to have...
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    Trading Journal, December

    12-18-01 04:19 PM 2ND DAY Missed the entire open due to some software issues. DID not trade at all, even though I had some great call MON, PX, WFT, EOG. I can get all these stocks at a discount and yet. OH well!!! Finally got AT today, the software that I know and familiar with, spend the...
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    Trading Journal, December

    12-17-01 04:57 PM First day My first day started and ended up as expected, a lot of confusions mistakes because of the new systems. NKE $100 Bought this stock at 9:45 when RLX was shooting up, for some reason the stock didn't want to move. Made 10c and got out at $53.20. Got back in...
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    First day

    Missed the entire open due to some software issues. DID not trade at all, even though I had some great call MON, PX, WFT, EOG. I can get all these stocks at a discount and yet. OH well!!! Finally got AT today, the software that I know and familiar with, spend the whole afternoon setting up my...
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    First day

    My first day started and ended up as expected, a lot of confusions mistakes because of the new systems. NKE $100 Bought this stock at 9:45 when RLX was shooting up, for some reason the stock didn't want to move. Made 10c and got out at $53.20. Got back in again at 50c, when a big bid showed...
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    December Trading Journals

    Alright that's fair, From now on, NO MORE PICTURES.
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    December Trading Journals

    http://www.cutebabies.com/tiffm.jpg DON'T CLICK ON THIS
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    December Trading Journals

    What I posted wasn't porn, at least that's not what they call it in my village. :p Just a little source of encouragement and motivation. There is nothing wrong with enjoying a little beauty here and there. I can appreciate beauty and I assume Hitman can too! Traders are humans too and we...
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    December Trading Journals

    http://hhh3.x0.com/idol/ai/bikiai022.jpg
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    December Trading Journals

    More like 1 in 10. Which is not too bad considering the top 10% control 90% of the country's wealth. :p
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    Cash Management

    I would read the tape if the stock is fairly thin (<700K) and get a good sense if $60 is going to hold, (i.e. Big bid, uptick bid etc.) if you buy the stock at $60.20, of course you believe that the stock is going to go higher, otherwise why would you buy it. But if the bid drops from say...
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    For the true novices

    Morpheus, 3 things. You cannot day trade with $500. Period. To make it you need to have at least $100,000 to survive the intial phase of the learning curve. If you want to do this right, save up $20K and go to a proprietary trading firm and trade their capital while you live on the 20K...
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