Protected: This is how you should trade
There is no excerpt because this is a protected post.
The scribe crept up unnoticed
Unfortunately, all my records with trades and descriptions were deleted for technical reasons and cannot be restored. The very first ones remained and then not many. We'll have to start from scratch and do everything smart, this will not happen again. Update: Half of the deleted was restored.
Boiler room / Boiler Room фильм 2000 of the year
Description: Have you ever wondered, why some people win millions of dollars in the lottery, You are not? Why do you earn 4 thousand. dollars a year, and the secretary from Microsoft 140 thousand. Dollars? Why is some dunce rolling out on a brand new Ferrari?, and you barely saved up for a used Volvo? Are these people smarter or better than you ?!?
Wall Street Film / Wall street
An old movie about the stock exchange, interesting to see -) Description: Bad Fox, young and extremely ambitious broker, lives in the heart of the world, where everything has a price, everything can be bought and sold. He is determined to reach the top, become the best. Seeking support, he seeks an acquaintance with the old predator Gordon Gekko, and he reveals to him the secrets of mastery. Fast money, luxury women, all the pleasures of the world in the hands of Bud, and the financial flows seething around bring even more money, more possibilities, more temptations. You just need to overtake this prey ...
My task for the day
The main task that I set myself now is to do 50C in 3 trades and the risk ratio 1 to 4 minimum. This gives me good trading results., even on rotten days, you can find promotions that will pass 50C . And that 1.5$ profit every day. P.S. Stability – sign of skill
Richest man in Babylon(audiobook)
I read this book for a long time and I liked it., decided to listen to it again in the audio version. Description: The prosperity of a nation depends on the financial well-being of every citizen. This book just examines the aspects of personal success of each of us.. Success is the achievement of a goal by one's own labor and skill.. The key to success is in the right preparation for the implementation of the plan.. In acts of wisdom, no more, than in thoughts. And thought cannot be wiser than understanding. The recipes in this book to save you from a skinny wallet can provide a foundation for understanding financial laws.. Actually, this is the goal: suggest topics, who strives for success, penetrate the secret of money, in order to accumulate capital, keep it and make it work for profit. The following pages of the book will take us to Ancient Babylon - the cradle of basic financial laws, which remain relevant to this day. Download
Option exercise day
OPG: Selling DJ shares by limit holders with a gap +0.60%. Dali from 17 Total 2 pieces. JNJ and MRK, but all the DJs were flying up so I closed them to zero. OPG did not live up to my hopes. CLR: Sold almost from the very opening, the action has passed more than 40C of one candle and a rollback was possible, covered half. Originally wanted to do 90C, the limit maker stood at the exit 23.10. But later I decided that it was more beautiful to take a point.. Low turned out 23.07 and flew up. Had to above cover everything.
Breaking trading rules
Today I decided not to trade because. the market promised to be dead. OPG: Ritsy did not sell because the market was trading in positive territory. Just watched them, surprisingly they went down from the opening. I did everything in the afternoon 1 deal. Sold GIS about 46.50, but below the stock almost did not go through and turned around. Flat closed and waited for MOS. The market was dead and there was nothing to catch. MOS: The futures were flat, imbelances came out weak. I have a rule not to trade weak MOS, but 2 days of the previous day they were size and why wouldn't they be good today. I loaded myself into finance a lot and sold while it fell until the close, this time the orders were finally triggered and I covered positions at the closing price. But they closed very badly, that I lost as much as I earned for 2 previous days. It's been a long time since I lost so much. Results: You can't break your trading rules, it is very expensive. Считай 3 of the day I traded in flat. It's unpleasant of course, but I will not repeat this mistake again. “Success is going from failure to failure without losing enthusiasm.” Trade date : 19 Martha 2009
Foms day
I did not foresee the main movements for today, before announcement to change or not % rate, as expected, it was left unchanged and the market skyrocketed =) My yesterday's overnight was never covered by the arch, tried to get out, but did not take. Futures traded in the red before the opening and it was necessary to quickly get out of the stock. Sent a sell order to OPG and some more on top. SLG opened at 50C below my purchase, well since I have left with mos a lot, then I got a good minus =( OPG: I decided to sell Ritsa because yesterday they closed in high, and today futures were trading in the red, there was a high probability that they will go lower. I sold a small basket from 8 shares and almost recaptured losses on SLG. NIGHT: Sold on the move, but did not go lower. KFT: Selling after breaking through, almost nothing went. It was to be expected, the action had no potential. Stupid trade. GR: Selling catching up with a share, overlooked the beginning of the movement, count sold to the bottom. Later bought a little higher 36 and closed about 36.45. AIG: Again he climbed into her very ears when she flew away. Several days already buying. I'm still waiting for it to be chilled and opened a dollar higher. Did 20% стоимости акции МОС: После фомса …
Dear emotions ...
Today promised to be rotten, tomorrow the MHIF, which means you should not expect good movements. MT: Selling on the break of today's low, on the daily chart, he had a place to fall and the beginning of the trend loomed. Everything would be fine, but here 16.50 the action did not pass, at this moment a large green candle appeared on the futures and I did a stupid thing not to cover myself because most of the stock is about 10:00 across the US either turn around or move on, I chose the optimistic option, but he didn't pass. HUM: Sold on breaking yesterday's low, this time I decided to take my 50C, came out on a pre-set limit order , although stupid because it could go lower. HCP: I bought it on the break of today's high, but in vain. It was not necessary to enter after such candles up, the likelihood of a rollback was enormous. It was necessary to wait a little while to gain a foothold at this level.. HES: Sold it by 60.98 with risk in 4 cent, hoped for a rollback in 50C , but the market flew further and my share went with it. Ordinary I don't do this kind of thing, but the risk was minimal. OXY: Promotion of the day, lost on it ¾ earned in a day, in the beginning I bought it about 55 and I got knocked out, and then sold in the same place. Это самый дебильный трейд который у меня был за долгое …