Thursday, September 25, 2008

Not so lucky this time

I got myself into trouble again. The past two days I was able to make a come back from being down over $300. Today my confidence was gone. I lost $625 today. My lack of discipline is pretty alarming. It is tough to start every day losses. I think I am going to take the rest of the month and preserve the little profit I have left.


The Average Jay said...


Hi Ob

I wanted to ask you if you could email me at

I took your chart and made some notes on it that you might find intersting and might give you a different view of your trades. I will send you the chart back so you can see. It might help, maybe not but I feel your pain and think we are a lot alike. Hope to hear from you.

wincity said...

Hey, you should've updated the blog to at least bump down "Not so lucky", no?

Free Music said...

well i will answer this

About Me

I have been trading for 5 years. It took close to a year before I became profitable. I find that I am improving gradually each year. My method of choice is scalping. My edge lies in tape reading NYSE stocks and staying on the side of the specialist. That is the method I learned when I started. As I build up my capital I will try new styles and trade new markets. In late 2006 my trading hit a rough patch after the introduction of the NYSE Hybrid system. For most of 2007, I have been on a search for new strategies that would help me adapt to the market.