This month I promised to do the best and I kept my word, of course my plus in 3 times less than I wanted, but in May I am sure that I will earn this amount. Total trading days were 18 of them: 3 negative days 5 day in flat 10 days plus. The ratio of all negative to positive days 1 to 6, I think not bad.
Watching news : RBK www.quote.ru/shares/today_news.shtml www.k2kapital.com briefing.com bloomberg.com www.plan.ru/ Economic issues to be published: www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm If the reporting period, то Earnings Calendar :
I have formed an opinion, that many forex traders, the stock exchange, etc. just like to draw lines, customize indicators, understand wave analysis, learn everything that is far from trading. Why People Don't Do More Important Things, to trade in a plus, not much to start with, I'm not talking about experienced traders, there everyone has their own individual problems. You don't need much : Find a trading method that suits you Learn math, many stupidly do not understand or do not want to comply with money management. Trade not on indicators, waves and other nonsense, but understand the schedule itself, why is it growing here, and then falls, find optimal entry and exit points. Trade only what has the potential and can bring good profits. The main thing is not how much you did in dollars, and how much did you do in cents ( points), the large volume of the position on the small movement does not make you a good trader, and helps to lose faster.
ON OPG I didn't do anything. Intraday: CAT : Caterpillar Inc. Sector: Capital Goods > Industry: Constr. and Agric. Machinery Shorty in a bad place, there should have been a reversal or rollback. Perhaps she would have passed 50C cents yet, but the risk is 10C and the ratio to 5 I think it's very bad. COH : Coach, Inc. Sector: Consumer Cyclical > Industry: Apparel / Accessories This is generally a stupid deal and there were a few others like that., their schedule is almost the same. So I thought to see a reversal here and what will go up, this should not be traded at all., it's easier to throw money away at once. Some kind of idiocy…
Who doesn't know Ford today, Apple Computer, Microsoft? What do we know about people, who created them? How geniuses differ from ordinary people? Inborn qualities or talent, as is commonly believed? Is nature really more important than education, and heredity prevails over social factors?
WORK OF THE NYSE SPECIALIST The main functions of the Specialist On the floor of the New York Stock Exchange 1366 specialists. Most of them work for one of 7 dealer companies of NYSE members. Each of them controls the trading process in one, the share allotted to him. Which specialist will be responsible for trading in a particular stock is decided by the NYSE Board of Directors. If a specialist does a good job at his job, it can be enhanced – give a share to a more prestigious company to trade, with a large day trading volume. If the specialist does not cope with his duties, he may be downgraded or even fired. For example, if he violates the trading rules or receives a lot of complaints from clients. Be a specialist, this is quite an expensive pleasure. In order to be eligible to work as a NYSE specialist, you must first pay for “specialist chair“. The price of such a chair reached 4 million dollars.. The main task of the specialist is support “honest and orderly” market trading in your stock. First of all, this means the execution of transactions at the best price that is possible at the moment., support of the minimum Spread on quotes and prevention of too sharp jumps in the stock price. One of the key figures on the stock exchange is the NYSE specialist, it acts as an important link between the buyer and the seller, and also create a safe and fair environment for all transactions between market participants. …
At home the laptop is broken, and on a regular PC I broke to write trades, no time at work, so wait monday ;) Great weekend to everyone….
Old rules…but very good rules.. They, who needs to keep an eye on the stochastic complex all the time, linear weighted moving averages, anti-aliasing methods, Fibonacci numbers, etc., usually notice, that they have so much data in front of their eyes, that they cannot make a rational decision. One technique says – Buy, the other says – Sell. One method recommends closing the trade, while the other calls for adding to the trade. It looks like a stamp, but simple methods work best.. Let's start.. 1. The first and most important rule – in a bull market, everyone, as supposed, is in a long position. This may sound trivial., but how many of us sold after the first rally in a bull market, deciding, that the market has taken off too far and too fast. It was like this before, and I suspect, that this will continue to be the case in the future. In this way, we do not make profit, which should have accumulated, but in fact we are losing money, being in short. You can be in a bull market or in a long position, or outside the game. Remember, lack of position – this is also a position.
When things are going well for you, You feel great. But, when the black streak comes, Your life can turn into a nightmare. You can make money for weeks and lose everything in a few minutes. This situation repeats itself over and over, traders of all generations met with her. Therefore, everyone should be aware of this possibility and be ready to turn the game around.. Rational observation and logical reasoning will allow you to find answers to the necessary questions.. In this article, we intend to consider just one question.: “How a successful trader differs from a loser?”. The following 11 observations help me stay on track. You can group these observations into a table and use it as a measure of a trader's success.. Observation № 1 The largest number of losers are in the intraday or short-term trader group. The reason for this is not even in a tight time frame., and in that, that many of these traders lack good preparation and a thoughtful game plan. This type of trading does not forgive even minute mistakes., manipulations in it are the most risky, while losses, due to lack of knowledge and training, increase many times. Besides, these traders very often do not have sufficient capital. Lucky traders, mostly, trade in medium and long term time ranges.
Yesterday was a fucking day, worst day with a fixed minus of all time. I am lost on OPG 1/3 total earned in a month . Sent a sell to open 16 Ritz shares, I also wanted finances, but it's good that canceled them. In the beginning everything went according to plan, gave money and shares in turn, but then came fucked, DLR opened and it flew up like a rocket on 2$ and everything behind him is the same, I didn't even have time to cover myself. Wing on 25% from the position I thought at least some downtik would happen, but everything just flew up. I took another number of shares in 2 times more than usual. I had the best prices to buy, sorry i was in short :-( In the near future I will definitely not trade the Ritz at the opening, I don't need such tricks anymore.