In the last couple of days I've wanted to place trades but just can't do it. Partly due to being up and then back to zero for April - while the model is doing well - and partly because I am very busy and will be nervous if I can't monitor the trades more. So maybe I'll take a break from trading pretty much till the end of April and then after things quieten down a bit (I hope) get back into it. My investment portfolio has a relatively low beta and so shouldn't be hard hit if there is a market decline. The rise in the Australian Dollar means I'm up a lot in US Dollar terms at this point in the month. It is hard being a serious part time trader if you aren't in charge of scheduling your other activities.
P.S. 5:16PM
I did do a trade in the end. Trading Google after its earnings announcement. Held 100 shares for 3 minutes and made $878. So maybe this trading month will be a small positive after all.
2 comments:
moom.
i really hate this bullshit word verification because you write a full comment then you didn't capitalize or lowercase a letter and it deletes everything you just wrote needless to say i'm pissed at the moment.
i was just going to say the FLIP is very interesting and I wonder how soon more then 1 analyst will cover it. because right now it isn't very covered and i'm sure until it is or with a buyback the stock price probably will keep on a downtrend..
cheers on your 3 minute trade.
m00m,
There is an obsessive thoughts thread travelling around to different bloggers right now and I have tagged you. It is up to you whether you want to participate.
Here is a link to my post.
Cheers!
MD
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