Archive for February 28th, 2007

Month in review February 2007

Wednesday, February 28th, 2007

Another positive month for me. So far, I am fine with my own performance, at least I am on the track to stabilise my trading result. This month due to chinese new year vacation I have missed out 1 trading week. I did not achieve the target that I ...

Dummy day trading #59 28-Feb-2007: NQ Short trade closed

Wednesday, February 28th, 2007

I decided to make an attempt when NQ goes below opening low again. Short position was established around 951am during the first pull back of new downtrend cycle.Too bad, I was stopped out. One trade closed with -1 R loss [photopress:NQ200ticks28Feb2007.jpg,full,alignleft] I will stop trading for the day and get some rest. I ...

Quote from Michael Marcus

Wednesday, February 28th, 2007

Michael Marcus discussed causes of financial disablement in Market Wizards: Interviews with Top Traders. I think the leading cause of financial disablement is the belief that you can rely on the experts to help you. It might, if you know the right expert....Typically, however, these so-called "experts" are not traders. Your ...

Trend Table 28-Feb-2007

Wednesday, February 28th, 2007

No comment. If you have followed the market recently, you should know. We are likely to see a rebound day, in fact, futures markets are in positive now. I am not sure if I am going to trade today. At least, I wanna see the dust to settle first. [photopress:TrendTable28Feb2007.PNG,full,alignleft]

Interesting events today

Wednesday, February 28th, 2007

To some people in Asia today seems to be a disaster. In this heavy selling day, I found a couple of interesting events. Here is the first one, I was watching a couple of stocks, and being kicked out by my trading platform. And now I found this annoucement. Slowness in SGX ...

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