Posts Tagged technical analysis
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
1 Comment Full Story
I haven't been trading enough this week so I was eager to get stuck in today.
My first trade was a short at 12922... the market had already come off a 50% Fib level and I was thinking that it had further to go. I had missed the move as it fell (as I had only got in at 6.30pm GMT).. I quickly opened the short but didn't check to see that the stochastics had almost reached the oversold level. This was frustrating as I sold right at the bottom. The market went up and hit my stop for -18!!
A
May 16, 2008
1 Comment Full Story
I don't usually buy shares as it's buy and hold and sometimes you have to wait ages for it to move. I also think that shares are driven by fundamentals and news driven.. you just don't know what a company may report!
My personality suits daytrading (though I'm not a Greg Coffey or Gordon Gecko) in skill, only ambition!
Anyway, about 2 months ago, I was looking at a share called Tower Resources and there was speculation that there were some large prospects there. I am not usually keen on
May 15, 2008
No Comments Full Story
« Older Entries
Newer Entries »
