Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, January 9, 2008

Alcoa and Ruby Tuesday

I'm looking to listen in on both conferences and they are both at 5pm Eastern.

is it Daylight or Standard Time... ???? Ok I looked it up... Daylight time AKA Daylight savings, is during the winter November through march.... I get confused, "I have pressure Sores they leak Puss"

You ask, why didn't you cover your short position? you were waiting for it, it hit your target.... Why the hell not? cover.......

Well, you never know.... I also figured we would get more neutral trading, I'm also fairly tired,

I have a few rules I live/trade by,

  • Never Trade on emotion- Unless your getting out of a trade on greed. or buying on Fear.
  • Never Chase a Trade-once I decide to make a trade, there probably is a better entry/exit than the one currently presenting itself...

(there are probably some other ones that I can't remember)

I also remember how for the most part, through all this move. I've been constantly rewarded for waiting things out. One can delude themselves into the idea that you can execute and perform trades perfectly.... but that is a delusion.

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc