Another good day, it seems. Still, two days is not a trend. 100 days is a trend!
A real stinker of an exit at 10:18 am, though. Waiting another 12 minutes would have given me a solid profit on what was a $1.99 per share loss. Patience is hard to generate when the bottom is falling out of your trade, that's for sure. ON a positive note, I was happy to actually add to a position as it was moving in my favor on one occasion today; 11:12 am on GS. Adding to winners is something I need to work on.
Paper-traded three stocks today; 1 FAS for a 5 cent gain per share, 7 on GS for $1.66, and 13 on SKS for $1.47.
17 for 21 winners, an 81% success rate. Gain of $3.19 per share.
Nice work. Your modesty / humility will help you last in the game as well as succeed. But don't forget to give youself a little pat on the back though. You typically have green days paper trading and you are always fine tuning things so the long term moving average has an up slope. Yeah, that 10:18am trade took 40% of your gains.
ReplyDeleteHi Charlie. Thanks for your comments. I like the fact that we here in the trading blogosphere are pullng in the same direction. It's good to have pals encouraging one-another; those who understand the ups, downs and complexity of what we are trying to achieve. You are up early for a Saturday! Glad I'm not the only one up and at 'em on a week-end! Good luck this week.
ReplyDeleteGood work....wish you continued positive results with your trading :)
ReplyDelete"Q"
Thanks, Q.
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