Damir's Trading Journal

Quote from taodr:

I don't get it. A lot of stocks that I track are doing okay or down slightly. We should be up quite a bit.

EK down 15% today, that's certainly been a drag on YM.
 
With less than 1 1/2 hrs left its time for me to quit for the day, besides which I have a violent teenager dude to deal with whose continuosly PM'ing me. so long.
 
Quote from damir00:

can you predetermine the exit price - or at least close-to - for trades that go "right"?
I have an idea on where it "should" go according to my charts, but the market is full of uncertainty. Just because I "think" it will go up 20 pts from my entry, doesn't mean it has to....so I book profits at the first sign of weakness which is sometimes on a 30-tickbar chart. I think even if I do exit and book profits, I should get right back into it once it moves in my originally intended direction....this is another issue I need to work on. I'll take the 9330 example again....I got out with 3 points....it moved up 10 pts after I got out and was still looking very good to me for a long, but I didn't enter because I remembered paying 9330 for it 2 minutes ago.

-FastTrader
 
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