Monday, March 16, 2009

Should've check them out first!

check out this site:
http://www.informedtrades.com/trades.php

Free intro courses. Very diligent guy.

Gave me second thoughts of joining IT, of course I would not know what I wanted back then.

He also follows marketclub.com, the trading triangle method, which is part of my business plan, later in my life.

shorts:
longs:

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Tuesday, March 10, 2009

Re-count GLD, Bearish movtives

Well, GLD failed to make a higher high, and broke the low. Now there is my new count, bearish motives.



I used DZZ, bearish Gold ultra short, and GLD PUT 78/83 vertical.

Still very curious about the move on Steel, but reason will come, I am pretty sure about that.

So I got long on X and NUE, using stocks and Call verticals

Closed my RIO and ILMN trades today, finally a couple of profitable trades. I was ready for the rocky movements because there are both in a minor a-b-c movement.


shorts: GLD
longs: X, NUE

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Thursday, March 5, 2009

Gold Wave 5!

Gold wave count



But I don't see any trades for the Gold Miners, GG, ABX and NEM. I will stick with DGP then.

Wednesday, March 4, 2009

Trades I like

I was too busy at my 9-5 for the last 2 weeks. Did not find too many opportunities because I did not go through any charts.

Couple days ago, we've got the check for the time share that we rented out. Naturally my wife and I discussed about it, and the conclusion was that we want to make money without doing anything! Just like renting out a time share.

Over the week end, I did some research and found one more close end ETF,
EOD -- Evergreen Global Dividend Opportunity, it pays 0.50 every quarter.
I open a position this morning and looking forward to the next dividend date at on April 1.

Trading is fun, but if I can live without trading, I will.

Anyway, I am still in AMZN, and RIO, the longest trade I even hold this year, did not hit the stop nor hit the target.

Today I added ILMN.

shorts:
longs: My life, ILMN

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