My Friday 20th trading day

Down was down but nit near it lows when I got home from work.

Waiting for a drop, and yes it dropped to 7275 when I bought the Nikkei NIYH9 at 7215.

Guess what happened? The dow just continued to got down to the 7225 area.

Damn the Nikkei went to 7160.





Ar 7225 it toouched a descending trendline, yeah support!!!

It goes back up. The Nikkei also to the 7235 area. I got out at 7230. A profit of 15 ticks.

I got out when we were at the upper descending trend line at 7300. Then the dow went lower again. Yeah what a trader i was. I bought the Nikkey again and went out every time with 5 ticks profit.

Then the dow sky rocketed when it went throughthe line of reistance.

Damn!!!!!


AT the lowet point I also bought the EMXCME at 491, got out at 494 just as the dow passed through resistance. Only 142$ profit i didn't get the extra 300$.

My trading profit are thus 8000 yen and 142$.

That is about the double I earn in a day work, but it could have been much higher.

The descending VIX was a pretty good indicator maybe to see the signal that we would break resistance on the upside.

No evening trading today, so i will probably not engage in another trade.

Conclusion for this week: I buy always too soon and sell to soon, just before the break out.

That is typical: when at loss I would be more happy to exit the trade at zero loss.

I have become a heating oil trader now

On Tuesday, February 17 th 2009, I decided to trade the HO (heating oil market).

I guess that the electronic market I see at InteractiveBrokers is not the primary market: the bid/ask changes rapidly but hardly any traders.

On Tuesday, oil was going down and heating oil went from 1.3 to 1.20, time for some action!

I planned to buy at 1.20, but my order wasn't filled, I cancelled it.

Then oil sank further and HO went below 1.19 , I bought at 1.1866.

Again too soon as it went lower to the 1.18 area. Buyers at 1.18 could start trading in-and out. But I was in too high.
It went even to the low 1.17, where I bought twice and sold twice wit a little profit (Less than 10 ticks). Spread was very high and almost after each sell I did, price went up, sometimes 75 ticks.

My initial position didn't get closed that day. Since I have no access during working time to InteractiveBrokers, I put in a sell at 1.1869 (to recover cost).

I got filled at 10h54 AM local time Brussels.

My loss of almost 700$ was gone and turned at the end in a little profit.

So far the HO trading.

The next day it went to 1.1381, so if position was not closed losses would have bee, up to 2000$!!!!!!!!!!!!!!!!!!!!


Potential trader be aware, losses are much more easier than profits.



Days after lead to wild jumps in prices, the real trader would have made a month's pay in one day.

NIYH9 sold for 7735 yen

At the 6000 yen profit after selling it at 7735 this afternoon.

Will try to buy it lower this evening/night.

Lost a week pay check this week!!!!!!!!!!!

Had several opportunities to sel the Nikkei future, but hoped that the DJ would break out on the upside.
Bought low , could have sold mnay times high and bought low again.

Am to much influenced by James Mound who thinks the stock market will rally.

I lost my 30000 yen in profits today!!!!!!!!!!!! Damn!!

DJ collapses!!

Damn , profit of 32500yen is now loss of 20.000yen.

Greed is not good. Could have several times sold with profit, and now at a loss

I would have made break even on the oil trade.

DJ went from -60 to -150 in a few minutes, wiping out my Nikkei profits.

QMH9 doesn't move anymore, this should normally have collapsed.

I will go over the weekend for the Nikkei.

I have to check but i think Wallstreet is closed on next Monday, maybe the Nikkei will not fall too much.

The technical signs were there but I was too emotional. Have to take the losses with me this weekend.

See how the right timing brings you profit, and if greedy losses.


7660a/7665a for the Nikkei; almost 100 points in difference.

21h22 trading evening almost finished. In case of losses, there are more interesting things to do than trading, when winning it feels much better.

I will put on Live365.com for some country music.

My 125.000 yen on my account (all earned !) will not increase this day, it will shrink i fear.

Another rising trendline at around 7845 now the DJ.
NIY at 7720b/7730a

Just break even now. DJ at upwards resistance at 7865. Get up DJ get Up!

Above resistance now.

Back at resistance.

am too much involved here , bad trader people would say. No emotions.

BACK BELOW RESISTANCE!!!!!!!!!!!!!!

At a loss again after 30 points profit.

DJ at critical junction, 15 minutes regular trading to go.

KDUS.OB

Another holding is KDUS.OB.

Got in at 1.21$ 1000 shares. Is now at 1.42$

Should have bought more, has 1.95$ in cash per share. There is no reaso why such a stock should fall, because they are not burning cash.

This will go out at 1.75$ or so.