Wednesday, March 28, 2007

A Good Day

I finally had a day without much drama where I just made small, smart trades. I caught CF and AGU as they broke recent downtrend lines. Even though the moves weren't huge I didn't have any bad losers, so I had a solid p&l.

Overall, the market sold off. However, the volume, though higher than yesterday, wasn't huge. With lots of eco-data still on the way this week, things could get interesting.

Total: $998

Best: CF, $483
Worst: TS, -$86

16 stocks traded, 9 positive, 7 negative

298 trades.

I still have a long way to go to pull positive for the month with only 2 days remaining. I'm going to get to sleep early and do good research again tomorrow morning so I can stay focused and try to end strong.

The "other" Stewart commercial

The guys in my office had high expectations for more Stewart commercials after the first one with Mr. P. This, I believe was the only other Stewart commercial. The real-life Stewart ran into legal trouble or something and they stopped the campaign.

Trader sabatoge

Since I've been sabatoging myself for the last year or so, I found this post, "Trading and Information Processing: Why Traders 'Sabatoge' Themselves" by Traderfeed very interesting.

I strongly suggest you check it out if you haven't already.