Spydertrader's Jack Hershey Equities Trading Journal III

Discussion in 'Journals' started by Spydertrader, Dec 30, 2006.

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  1. Nicely done!:p
     
    #211     Jan 12, 2007
  2. Thanks M! I'll try that
     
    #212     Jan 12, 2007
  3. Nice trade on DXPE! I'm giddy about CRZO right now. It needs to break $27 to break the channel otherwise it'll get sucked back in(?) stop at 26.95
     
    #213     Jan 12, 2007
  4. Thanks, and same to you on CRZO!

    fwiw (and take this with a healthy dose of salt), it looks to me like CRZO has some room to grow. (see attached).

    Thanks,

    TNG
     
    #214     Jan 12, 2007
  5. Passed on REDF; hit DU but no price improvement. Bouncing back from $18 upper channel resistance.

    Gotta go..have a good day gang!
     
    #215     Jan 12, 2007
  6. Sold 500 BITS at 9.28 in my work account. I have a lot of this stock compared to its volume, so lightening up on the way up seems smart to me. Still holding the following:

    400 DXPE
    1600 BITS
    500 BITS in the work account.

    Moved stops up (mental stops) in both securities.

    - Huskydog
     
    #216     Jan 12, 2007
  7. Sold half of the DXPE at 33.27. I don't like how light the volume is on the way up in this, especially with the S and P futures selling off.

    I have been daytrading for over 6 years, and I may have an issue watching my JH swing trades too closely. Time will tell on this one.

    All commentary is appreciated.

    - Huskydog
     
    #217     Jan 12, 2007
  8. DXPE and BITS look very strong today.

    I'm in both per earlier post.
     
    #218     Jan 12, 2007
  9. Micromanaging... I do it too. Often if I feel I'm doing that I simply back out to the daily and work my way down to reorient myself.

    TNG
     
    #219     Jan 12, 2007
  10. This will probably an issue for me at times. I have only read up to August of Journal II, and I am still working on getting my hands around the FTT concept. When I see the stock going up on light volume, my instincts tell me to be wary. Obviously, I need to finish the second journal to be more comfortable with some of the more advanced concepts.

    I appreciate your input.

    :p

    - Huskydog
     
    #220     Jan 12, 2007
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