Friday, November 23, 2007

A very calm day, even though I drunk coffee

Trade: 92
Gross: 55.00
Net: 45.44
LFT: 3.27
Ratio: 0.0057

I was amazed by my ability to focus on the price movement itself and actually found a pattern out of it, without using charts at all. Sometimes, certain condition can push one into another level, for the worse or better. Nevertheless, I am feeling much better today, for the net, for the psychology, and for how I surprised myself.

I was looking closely into Level II and T&S for identifying weak/strong stock against the s&p. Interesting things happened:

1. I became more confident with my entries
2. I let my winner run alot more
3. Losers were cut immediately

When I got a nice winner, I remained very calm, verbalized my trades, and kept myself in a steady speed. nicely done.

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