I made four paper trades today and I didn’t follow my rules 100% on any of them! Mostly on the exit rules. I also found out that several of the rules leave some room for discretion and eventually some of them may need...
Read MoreUPDATE: One of the great things about having more formal rules, is I can apply them in retrospect to charts and see how things would of worked out if I followed them 100%. In the past, I’ve looked at tons of charts in the...
Read MoreMy short of BBW overnight worked out well. This is dork-dom at it’s best: I covered my paper trade on my phone using ThinkPod as I was in a meeting away from my home office. What a high roller I am! I exited the short at...
Read MoreAfter reading Attitude Trader’s recent posts, I realized that tracking my paper profits was not providing me the most important information I need to improve my trading performance. Reflecting on my non successful trades...
Read MoreAt one point I had over $100 profit, but it disappeared quickly. Shorted RF @ $4.77 and SOLR @ $5.49 around 3pmish. The entries were on 10/60 SMA crosses with weakness. Ended up with a $52 loss. I didn’t follow my exit...
Read MoreSeveral people have emailed me wondering what happened to the blog of Fear and Greed Day Trader. If you go to his site, you will be denied access unless you are an “invited reader”.By the way, my “Fusing Two...
Read MoreLately, you could trade extremely part-time between 9:30 and 11:30 and really catch a lot of big swings. This morning a meeting popped up so I knocked out some other work in the morning to give me the afternoon to trade. It left...
Read MoreWell, I ended up having to work on something this morning between 7-9:30am and was not able to do any prep for market open. One side benefit of trading is that normally a project like that would of taken up like 5 hours but I...
Read MoreI’m very excited, after my self-imposed break of a week, and then being crazy swamped with work recently, I’m going to be able to finally paper trade again tomorrow and Friday after being away for two full...
Read MoreWhile I think shorting (mostly) as well as occasionally longing certain pumps from various emails and websites can be a viable strategy (click on the Pump-Watch link above for other posts on the subject), right now I’ve...
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