Monthly Archives: February 2011

Avoid Individual Stocks, or Is It Just Jinx?

GSS is the only precious metals stock I have left, and it was a nightmare to find out today that it had earning yesterday and was down over 14% and today the drop continued.  Look at GDX, the precious metals … Continue reading

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Don’t Get Tempted by Forum Posts

The market sold off yesterday, and I formulated my plan to trickle in the longs over time at key support levels.   Today I was able to add second lots for UPRO and SPY and the market bounced a bit.  All … Continue reading

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The Market Continues Its Torments

The market has advanced 30% in the last 120 days and has had so few 1% dips along the way.  Yet 95% of my long individual stocks are in red, and my market shorts (QID and SDS) are in big … Continue reading

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When In Doubt, Don’t Trade

Someone on theinformedtrader.com forum mentioned about MCP.  cthruu chimed in with long bias along with the fact that he has a position in it.  Rob  supported cthruu’s take.  I raised concern about the huge down red volume during the wedge … Continue reading

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Don’t Get Shaken Out

So I spotted a bull flag break out and made an entry.  Now I expected a back test.  But as the chart shows, the back test failed on the 60 minute chart and I bailed out, missing the subsequent envisioned … Continue reading

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Be Mindful of Your Current Mental State

Why is it that my portfolio value keep oscillating between $135K and $145K?  Why is it when I got into “firefighting” mode, I seem to be able to reduce the red (majority of the time)?  I don’t know the exact … Continue reading

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Thin Zone Works

One thing I found to work is filling up thin zones in a hurry.  And that’s one thing I try to look for in a chart.  And yet, I did not participate a few of my tracked thin zones and … Continue reading

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