Damir's Trading Journal

Discussion in 'Journals' started by damir00, Feb 19, 2003.

  1. Nothing. It's sitting. Very odd. It closed at 1.87, it's been trading in a range of 1.74 to 1.90 and is currently at 1.85. No news appeared. It's hard to believe the activity of the past three days wasn't due to upcoming news, but why did it dry up without the news, and the stock not drop hard? When it goes down, someone starts buying, but they're not driving the price up further.

    What do you think? Sell that batch?

     
    #381     Aug 26, 2003
  2. Right, the first real entry was 92.88 and we're dropping a bit now, at 92.64, so I could get another batch at the 92.58. The first real sell will be at 93.13, but there's another sell on the mistake for 93.53, which I guess I should carry till tomorrow.

     
    #382     Aug 26, 2003
  3. damir00

    damir00 Guest

    i'm a coward. :) anything that moves like that is too risky for me.
     
    #383     Aug 26, 2003
  4. damir00

    damir00 Guest

    i don't like that, it means having more money at risk than is warranted. just write the mistake of as a mistake, treat it as an entry at 92.64, and move on from there.

     
    #384     Aug 26, 2003
  5. okay, You don't like the carry-over, but is it okay to take another bite at 92.58?

     
    #385     Aug 26, 2003
  6. All the anything volume on the penny today has been at 1.85. It's kind of centering itself like a spinning top toy, at 1.85. Someone seems to be either carefully buying or carefully selling at that price. I can't tell for sure, but assume if it weren't buying the stock would be dropping more after the run from 1.30 to 1.90. Not sure.
     
    #386     Aug 26, 2003
  7. damir00

    damir00 Guest

    no. the "mistake" is "another bite". sold 1/3 YM @ 9252, +11. still two batches to go...

     
    #387     Aug 26, 2003
  8. Okay, but I only got two bites today, even counting the mistake. But that's really the fault of the market and my mistake, both. The DIA are moving up a bit, now. I almost got that third fill several times, including just before it moved up, but I must have hit on a resistance point because it got so close every time, and never gave me the .58. Now, I hope I'll get to close something out. Looks crummy.

    Btw, the basket experiment was a failure, right? I've been watching them.

     
    #388     Aug 26, 2003
  9. damir00

    damir00 Guest

    haven't had a chance to watch them, i'll take your word for it. i'll note the potentialees for a few more days then review the results in batch mode next week. not quite ready to generalize from n=1. -g-
     
    #389     Aug 26, 2003
  10. taodr

    taodr

    Out 9258
     
    #390     Aug 26, 2003