Posts Tagged investing
I went long at the break of the previous high in the S&P at around 1378... I actually got in at 1379.48 due to the spreadbetting spreads which you pay rather than their commission charges... they move their spreads about meaning that you can lose half a point (in S&P terms) per transaction... and upto a while point when doing a round trip.
Anyway, the market went up and I got out at 1381.53 (I actually closed when the chart reached 1382 which was my target exit) for the equivalent of
May 27, 2008
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Today was a bad day for me to trade.. I didn't feel right, I felt a bit fed up with the whole trading thing. I see periods when I am doing ok and periods when I am doing lousy and altogether, I am not sure if I am making progress or wildly stabbing in the dark.
Anyway, back to the DOW today. I went long at 12754 and got stopped at 12736 for a loss of -36. Once again, I went long at the top of the pullback....
Then I read the comment from Stephen McCreedy (thanks for the comments in a
May 21, 2008
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That's how I'm feeling at the moment! It's funny how the joy of winning doesn't compare with the feeling of depression and despair of losing.
I did ok yesterday and today, I lost but I feel much worse today than the joy I experienced yesterday. In fact, I expect to at least be up every day so unless I make a lot of gains, I don't feel any joy or pleasure in my trading winnings. For those that follow my blog, you'll notice that I can't seem to ride those winners well so there is hardly ever an
May 20, 2008
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