- Dec 24, 2005
- Reaction score
6/10 at 3R wins
4/10 at .7R losses
Pretty tough I know!
4/10 at 5.6 R wins and
6/10 a5 1 R losses
Tough again but long and short trading I’m happy.
Others may do better.
I’ve not seen any of your trades Ann so can’t comment on your trading ability.
You seem to have a good handle on vanilla T/A
Happiness is what it is all about Tech/a and it sounds like you have more than enough money to play with.
I tend not to chart or mention what I trade, I have a privacy issue as I use my real first name, If I mentioned two or three stocks I owned, it would be pretty easy to trace exactly who I am and where I live as I hold my stocks until they close me out or get bought out. One never knows these days with stalkers and what-knot. Just being prudent.
These days I get a profit from nearly 100% of my stock choices, provided I use just my 'vanilla' style. Where I risk a fail is if I want to veer from that path. I like to test stuff and I do that with my normal trading $10,000 a trade. For instance on one occassion I decided to trade on the MACD signal alone with STO....fail, lost 10% + brokerage. I then decided to do the same thing but working with as much FA as I could understand with MRM.....fail lost about 15% +brokerage. The only bad 'vanilla' pick was AMP, I saw a flag on a flagpole, thinking it would overcome a long term overhead falling resistance line and a double top....did not! SMASH! FAIL! About 10% plus brokerage.
Never ever will I trade into a long term overhead ever, ever again, lesson learned. But I knew that already and did it anyway, deserved the kicking. I think I was bleating about it here on the AMP thread. Blaming others for my own mistake of course!