Greed and Fear

Discussion in 'Journals' started by indahook, Feb 23, 2006.

  1. Short @ 129.87 stop @ 133.16(adjusted)...tgt open



    4 trades
    4 winners
    8.14 points
    .0631% gain

    One open position



    Indicator pointing south since 5/9. No cover/buy signal yet.


    Staying short and sitting on hands. Open pos OTM -0.013% currently...but feeling OK.
     
    #61     May 11, 2006
  2. Got a cover/go long signal on the close..did so @ 130.87..stop @ 129.08..tgt open

    New stats as of the close May 11th 06

    5 trades
    4 winners
    1 loser
    7.14 points gained
    .0554%gain
     
    #62     May 11, 2006
  3. May get stopped today...waiting for closing price to confirm.
     
    #63     May 17, 2006
  4. Cant take it anymore..clearly on the wrong side...sold at 127.97

    New stats

    6 trades
    4 winners
    2 losers
    4.24 points gained
    0.0417%gain

    At this rate i`ll bleed my gains in two or three more trades...we will see. May need to read adjust stop %`s to make RR more acceptable. Another thing I am considering is incorporating a second reversal method as confirm.


    Hope you all are trading well.
     
    #64     May 17, 2006
  5. my oversold indicators are at a level of negitivity that indicated a bounce area in the past right now.
     
    #65     May 17, 2006
  6. Mine also. Never have seen mine so negative. Will look to reenter long tommorrow if the close confirms.
     
    #66     May 17, 2006
  7. Bot SPY premkt at 127.48....stop @ 126.77...tgt open
     
    #67     May 18, 2006