September 13, 14, & 15 (thus far)

As the screen shot shows, there was no activity on Monday. Too much day-job.

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Yesterday I had a chance to sit in on the markets for a short time between work projects. I added to my GS swing-trade by taking two short paper-trades. The weakness in the market was apparent and I took the short as consolidation approached its end and the impending drop began to "tip its hand." The dark green lines indicate the four spots that I entered short on the paper-trade swing position. The thin horizontal green line is my average price of those four entries.

The dark red line is my exit point this morning shortly after the open.

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There is a lot going on here outside of my trading education and my attention to this blog and to the markets in general after I post this will be unpredictable for the next few weeks.

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Best to all !!!!!

September 10th

No trades yesterday with work so busy.

Today, I had a couple hours to watch the markets and manage my swing-trade in CRM. As the cliche' goes, "when opportunity knocks, you must be there to answer the door." That was not the case with my CRM position because I got to the office too late and missed the LOD and potentially a nice gain. Instead, I was forced to exit with a much smaller gain, if getting out today was the goal. I did just that.

I liked GS for a short late in the day but the thing took off against me, very quickly as it turns out. I really like the formation of the near-doji on the 15 min chart as a potential short-term reversal, so I am holding as a swing-trade on the two part paper-trade.

September 8th

I was very busy witht he day-job yesterday, Tues 7th as well as most of today. However, an early finish allowed me to sit in on the markets for the last hour or so. I was still in my GS and CRM papertrades which became swing trades because of my stupidity and my inability to be by the computer at an opportune time. Today I shorted GS with four trades at the final top just before the big collapse of the day. I held and got the entire GS position out with a gain at the bottom of the move. How the heck I can do what I did today in GS, near perfection in momentum timing, and then screw the pooch so badly at other times is a complete mystery to me. I wasn't even thinking today... I just saw and felt what was there then clicked the mouse.

Anyway, I am still in CRM, awaiting a collapse. We'll see how that goes over the days to come.