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Dec. 11 Emotional Waves,fwlt, fslr and drys

Posted by Satuki On December - 11 - 2008

Quite a lot went through my head today. It was one emotional day. But I toughed it out. Every trade was executed 100% according to the plan.

 

I watched 400 dollars of profit from fwlt vaporize right in front of me. Fwlt hit my trailing stop. I had no choice but to get out of it. My 700 profit in flsr almost did the same thing. The fate of the 700 fslr paper profit is still unknown yet. Thank God, it did not hit my trailing stop.

 

As of now, you know what emotional waves I rode today. My rules are very rigid. Once a plan is set, no human interventions whatsoever are allowed even if a stock flips on a penny. I pat myself on the back for being very disciplined today.

 

I am not too worried about rimm since it is not a very volatile stock. I thought about shorting drys since it exploded in the past 3 days. My system generated a short signal at 10.61. But I second guessed it.


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  • Jetz

    I saw your post on Google FSLR the other day and checked out your website. Thanks for your post–I have enjoyed reading your website. I am a stay at home mom too and it is interesting to know there are others out there like me! I have been learning about the markets since April but have not had the confidence to put real money in yet–I have been playing the trading games online. I have a Ph.D. but with three kids I am not sure if I will be able to have a career. I absolutely love technical analysis and am hoping to learn enough to one day make a career out of short term trading. Thanks for all the info on your website!

  • Jetz

    I saw your post on Google FSLR the other day and checked out your website. Thanks for your post–I have enjoyed reading your website. I am a stay at home mom too and it is interesting to know there are others out there like me! I have been learning about the markets since April but have not had the confidence to put real money in yet–I have been playing the trading games online. I have a Ph.D. but with three kids I am not sure if I will be able to have a career. I absolutely love technical analysis and am hoping to learn enough to one day make a career out of short term trading. Thanks for all the info on your website!

  • traderMom

    Jetz, You definitely have the hardware(your intelligence) for trading. Do not rush. Take one step at a time. If you can make it in the end, the sky will be the limit for you earning power.

  • traderMom

    Jetz, You definitely have the hardware(your intelligence) for trading. Do not rush. Take one step at a time. If you can make it in the end, the sky will be the limit for you earning power.


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