Category Archives: Trades

Want Quick Profit? BBBY

So I hold a small amount of SPXU bearish ETF while expecting the market to grind higher.  The market was going higher and yesterday RIGHT before the close I saw a posting on a forum from a worthy trader: Look … Continue reading

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Couldn’t Sit Tight

I had run out of patience in this market and could not sit tight today.  According to Jesse Livermore, this is how one would beat himself.  Here’s a living example: I saw a tweet about DMND down over 20%.  I … Continue reading

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(Bad) Trade Review

I made all kinds of mistakes day-trading today. Bad start too early. Without much planning, I shorted at (1) during the first 10 minutes thinking 124.50 would be revisited.  It ended in disaster and set the tone (and psyche) for … Continue reading

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BAC – Missed Opportunities

I was eyeing BAC yesterday afternoon because of the enormous positive divergence on the 60 minute chart.  But that would be a counter-trade on the proprietary long term selling signal.  My conviction in the BAC trade even prompted me to … Continue reading

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SPY Day Trades

This morning SPY continues the strong sell off till, unsurprisingly, the 200 day EMA around 123.00.   Then it proceeded to break the down trend line.   I practiced some day trading based on Al Brook’s price action trading. I … Continue reading

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Nothing Would Work All The Time But…

OK, so I just gave myself some liberty to day-trade as of yesterday.  This morning I tried a few things that I preached and that worked before.  Of course, nothing would work all the time.  That’s why money management a … Continue reading

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Happened to Break All Rules on The Worst Day Since the 2008 Crash

There is still over 2 hours to go before the market close, but I already can’t wait to vent my thoughts. The hammer with long tail across major indexes yesterday eluded the bulls and bears alike.  I broke many rules … Continue reading

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