Monthly Archives: August 2011

Nightmare Came True

My nightmare came true today – actually worse than I could imagine.  After being fooled by the market in the previous session, the market never looked back with SPY up a whopping 2.90% for the day.  The buying was relentless, … Continue reading

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Head Faked By the Market

When it’s too good to be true, it probably is.  For days the market had been fixated on Bernanke’s speech scheduled for today from Jackson Hole and had rallied this week on speculation that the speech would hint about QE3. … Continue reading

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Let the Pain Begin

The market has finally shown some signs that it may be ready to bounce, after failure to make lower low and forming possibly a double bottom.   If that is indeed the case, it could close the gap and possibly … Continue reading

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There It Goes Again, Market Down 4.5%

After last week’s bona fide roller coaster ride (where the Dow down 634 on Monday, up 429 on Tuesday, down 519 on Wednesday, and back up 431 on Thursday), this week the markets showed modest bounce out of that violent … Continue reading

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Avoid Odd Lot Trades

I didn’t bother to do the research on exactly how odd lot trades are handled, but one thing is for sure: they are handled separately and differently than regular trades.  I paid a small price for this lesson today. I … Continue reading

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Using Naked Puts to Get a Leg In

So I’m trying to build up a short position by accumulating bear ETF’s such as SPXU, TZA, etc.  The market has been selling relentlessly for more than 2 weeks now until yesterday’s high volume reversal candle, which by the way … Continue reading

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Driven By Fear

There’s a fine line between greed and fear.  They are the most common emotions that a trade has to face.  But for me, after watch myself trade over the past years, I think I am almost always driven by fear. … Continue reading

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