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.
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3 comments:

Jay Jay said...

Obta

Hi Ob

I wanted to ask you if you could email me at tradingwiththeaveragejay@gmail.com

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.
Jay

2:54 PM
wincity said...

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

8:55 PM
Anonymous said...

well i will answer this

7:38 AM

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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.