Thanks for the advice, Princess; I did a little better today,
DELL usually kills me, today it only gave me a flesh wound. :)
I had a near perfect short entry, but covered a little too
quick. When I saw how minuscule the jig that got me
was compared to the day's later move I cursed me:
Short at 81 9/16 at 10:09, covered at 81 3/8 at 10:15;
I have a problem. When I get out too early, I start looking
for a reversal. And DELL has just enough of those small
moves to tempt me:
Long at 79 63/64 at 11:31, sold at 79 1/2 at 11:38 (ouch!)
Long at 80 at 12:10, (rising triangle), sold at 79 3/4 at 12:33.
Finally I sort of got the trading range. Told the guy sitting
next to me where I was going to cover, but got out with
an extraordinarily stupid gain of only 1/8th:
Short at 78 1/16 at 15:20, covered at 78 5/8 at 15:22.
A trending trading range being established, I failed to notice
the break out to the upside, and she ran against me:
Short at 78 at 15:33, covered at 78 5/8 at 15:34.
Realized I was on the wrong side of a trend, got mad,
and luckily picked up a 1/2. (I really got in too late:)
Long at 78 9/16 at 15:35, sold at 79 1/64 at 15:42.
But I am getting more comfortable trading this thing,
despite how bad the above record is, this is actually
an improvement. I've noticed that when I don't worry
too much about why I'm getting into a trade, and whether
I am sure it is the right thing to do, I do much better.
And I am getting calmer trading DELL, so I suppose
I will eventually adapt to it. I am also happy about
limiting the number of trades I get into until I am better.
ICOS was more profitable for me today, but mostly I
watched DELL.
-- Carl |
