Archive for March, 2008
The market was looking extremely choppy when I got home.. the only thing I notice was that the market was in a trending channel.. you could have sold at the top of the channel and sold at the bottom of it for profits.
When the channel broke, if you had spotted it, you would have gone long and you would be laughing.. there was a heap of profits to be made. By the time this had happened, I had traded a few times and lost so had reach my limit... no more trading!!
I did trade on my spreadbet
March 4, 2008
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I am still on the simulator.. I've emailed my trading mentor but not a squeak from him as yet! Anyway, I made a few trades today.
The first trade was a long at 132850 which was a short term double bottom. The stochastics in the 5 mins were starting to cross at this stage. I had targetted 133250 which hit the target. However, the price action managed to get just shy of 133400 which was a previous peak. I got +16
Then the price action subsided and started to fall. The stochastics were still
March 3, 2008
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Warren Buffett is the second richest person on this planet and despite this, is probably the most frugal person in the world!! He lives in the same house he bought in 1958, earns a measly $100,000 USD (for a CEO) and just enjoys the simple things in life.
Someone sent me a PDF with all of his interesting facts, I enclose this.. makes interesting reading!
Click here to access : Warren Buffett Interesting Facts
Enjoy!
March 2, 2008
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