Wednesday, September 19, 2007

LIVE trading journal for 9/19: Trade Plan

After the much awaited fed announcement yesterday, the market ran like there is no tomorrow and almost everything turned green with it. It is important to focus and plan the next trades.

BIDU have had a good run and I took 1/2 of my position off. Added some more to my GOOG GRMN etc... positions yesterday.

Stocks I currently have open position or considering to buy some.

Trade well!

5 comments:

Anonymous said...

Post your daily trades like you used to, It helped us newbies out

Anonymous said...

hi Pinoy,

Can you please, post your positions, watch lists more frequently as your time permits? It was helping us a lot. And lot of people follow your words.

thanks a lot

AK said...

Thanks for the update. Can I ask what tool you are using for managing your watchlists (i.e. where that screenshot is from)? I'm having a hard time finding a good enough tool to manage them.
Also agree with the others - please post more frequently as your insight is very much appreciated.

Anonymous said...

Hi Pinoy,

Do you have the stops in place for all your stocks? Do you mind share with us normally how far your stop is away from your entry price? How long normally do you hold a position?

Thanks!

MC said...

Anon 4:07PM,

I would love to do that but it is not possible at this time. I will post some trades from time to time with complete reasons/notes.

anon 6:50pm,

I might be able to do that since summer vacations are over.

ak,

I used iqchart for that one. I'll try my best to post more frequently.

anon 1:21pm,

My trades are more positional/trend in nature so my holding period could be more than a few weeks. Stop is usually based on trendline violation or no more than 5%.