Looking at next week’s economic calendar , we have a number of events coming up. However, I would be very cautious over the current thin volume situation of stock market. Weekly Economic Calendar Date ET Release For Consensus Prior Aug 29 10:00 Consumer Confidence Aug 103.7 106.5 Aug 29 14:00 FOMC Minutes Aug 8 – […]
Blog and Rants
August 2006: Week 4 review
Time to review result of this week. Beautiful.. This is the first ever negative week for me. My performance curve started the week down and drifting down with no turning back until Thursday. Nice downtrend huh? [photopress:Augustweek4.JPG,full,centered] This is a tough week for me. Overall, I am still in positive territory for August, but this […]
Read: The four-day week challege
This is an interesting article about working only 4 days a week by Ryan Carson. It is kinda mental game. Here is the snippet of it. So why is it important to work less? What?s the big deal? The reason is that when you work less, it gives you more time to experience life and […]
Postmortem 24-August-2006
[photopress:kenny.gif,full,centered] Dear diary, It is getting more obvious now, I am likely to end the week with loss. In fact, I am preparing the performance chart now, DARN. There were a couple of setups appeared in E-mini S&P, mini-sized Dow and E-mini Nasdaq. I chose mini-sized Dow and missed the entry of Nasdaq. It really […]
Dummy day trading #21 24-August-2006: mini-sized Dow: Short trade closed
This is a slow trade. Short position of mini-sized Dow was established below 10am (chicago time) candle. Due physical tiredness, I decided to close the trade with small gain. Time to catch some sleep. Postmortem will be posted tomorrow. At least, I stopped the bleeding week. [photopress:mini_dow_30_min_trade_close_1.JPG,full,centered]
This is how I deal with losses
I was trying to figure out the best way to deal with my losses. And I see this photo on Trader-X’s blog. Darn! This is what I am looking for. [photopress:yankeesSuckKid.jpg,full,centered]
