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Gone Fishing
Greetings. Hope all had a great new year and holidays.Things are good for me, my business has picked up with my renewed focus and energy put into it, and several of my house projects have accelerated ahead.I'm still very interested in trading. I'm going to return to the markets, and this blog...
Decision Made
I don't need an extended cooling period to make the move...I'm going to stop trading and watching the markets for likely at least six months or probably at least a year. I'm thinking I should have my ducks in a row by January 2011. The main thing is family finances. My wife was laid off in April...
Trade or "Off the Pot" Deadline
Well, it looks like the hard drive died on the new computer. I could of got the lap top going for trading using a one of the monitors, but before I knew it, the week was over.In the meanwhile, this week I got the opportunity to take on several projects to make $3K-$4K between now and the first...
hanging left after the u-turn
On Monday, I finally got my work and mental worlds focused enough to get really motivated to do some paper trading...and the new computer I bought in April did not boot, not even in Safe Mode. I still haven't figured it out but should soon. It's funny, that's happened several times in this fall...
faking it to I make it
Blindsided, I did not see coming - at all - my interest and energy for trading absolutely falling off the cliff. It was a year ago this month that I opened a TD Ameritrade account on a Friday and purchased $2K of GM stock because the price looked so "cheap". It was under $5 a share and I thought...
Lost....
Somehow I've lost all interest / energy to trade; I would rather do my day job or projects around the house, than to even paper trade.Or go to the batting cages, or research blogs for my fantasy football team, or run errands to get out of my office away from my computer...Made four sim trades...
another shift in gears
I'm having trouble getting back on track with trading. The break I took after my August losses has left me out of touch with the markets, and I can't seem to reconnect. I'm going to continue to paper trade when I get the chance, but am not going to put pressure on myself to do it everyday. For...
SIM 9.17.09 | 75% Discipline
Today was ugly as I made lots of clerical errors, though it was technically profitable in terms of paper trades.Orders: 25% - I exited two trades immediately by accident by putting in limit orders instead of stops, and I re-entered another position by not realizing that a stop had been filled....
SIM 9.15.09 | No Trades
Watchlist: GOLD APC AGCO LVS DGX ADBE ITT GNW TPX MIR EGOMy charts were screwing up, and lagging so much/not populating with data, I was not able to trade despite all sorts of tinkering. They appear to operational Thursday. Very frustrating as I was feeling mentally ready to trade yesterday.
SIM 9.15.09 | 75% Discipline
Watchlist: GR BCRX LVS RCL GNW SOA CAH ING SFDReally having trouble with focusing on trading right now...also, TOS Paper Money wa acting up alot today....big issue right now is my new rule of buying on pullbacks. I have been great on not entering until something pulls back from the trend I think...
SIM 9.14.09 | 91.6% Discipline
Watchlist: ING OMX CTB COCO GT CDE MTLForget about a traffic court date yesterday, so was rushed and wasn't available to paper trade until 10:00am. Made three trades that met my criteria, all longs around 10:15am on CTB, ING, COCO.I followed my rules on Orders, Exits, Stops and Exits, except on...
Sim Trading Aims For Next Week
I was not able to paper trade yesterday, big grant deadline that kept me busy from 7am to 8pm. Right now I have work, house projects and family (two kids under three) competing for my attention and I am having trouble getting back to prioritizing trading, though I still don't want go to the...
SIM 9.10.09 | 96.8% Discipline
Watchlist: ITW ABB RSH XL VMED SNH VVUS ASML PG LVS BX ERTSWith this simple paper trading plan, I'm not having to deal yet very much with emotions. I feel a little anxiety following my entry rules 100% of the time because I know the chart many times is looking like a questionable set-up for a...
SIM 9.09.09 | 92.8% Discipline
Watchlist: CREE SNDK ATPG ABB PHG PALM UNG WM DISH OPXARushed again. Wednesday was a trend day, all my paper trades were long above the Opening Range High (ORH) - anticipating breakouts. I took simulated positions in ABB, ATPG, CREE, PHG, SNDK, UNG, and DISH. Only CREE garnered some profit, but...
Tues. Sim | 92.5% Discipline | -$30
In a rush, hope to have better analysis in future posts....Watchlist: SLT JAZZ BYD MCO GOLD IAG LVS PHG QLGC WFR EGO GFI PAAS VIP AIG SPPIOrders: 90% - Used a limit order on one entry and was not able to take an immediate position.Entries: 90% - Was not closely monitoring watchlist and missed a...
