Recent content by Sam.Morgan

Hello all. I am no longer be posting in this journal as the response rate is low. I was running a 2 journals (duplicates) and have opted to continue at Elite Trader as I am getting more responses. Please feel free to follow me there as I do value your input. This, by no means, has a bearing...

Pic. 1: Trade 1: LONG: Entry: $27.29 Exit: $27.30 $0.01 Trade 2: LONG: Entry: $27.37 Exit: $27.58 $0.21 Trade 3: LONG: Entry: $27.66 Exit: $27.60 -$0.06 Trade 4: LONG: Entry: $27.73 Exit: $27.63 -$0.10 Trade 5: LONG: Entry: $27.73 Exit: $27.79 $0.06 Pic. 2 Trade 6: LONG: Entry: $28.61...

Pic. 1: Trade 1: LONG: Entry: $26.33 Exit $26.46 $0.13 Pic. 2: Trade 2: LONG: Entry: $28.44 Exit: $28.54 $0.10 Total (+/-): $198.04; [$230-$31.96(commission)] All Time (+/-): $48.14

Two nice and easy positive trades for the morning. I was catching up on reading so only decided to trade till 11am. A longer day may have brought some excitement with FAS, as it trod happily towards $27.03.

Better some than non :thumbsup:. I like this idea and will give it a shot. Sir WackyPete, would you have any examples as to what I should be looking at (in learning their characteristics). Thanks again, Sam

Hello Legend, it's interesting you mention it. I was reading another journal and some guy bit off the journal owners backside for not having a trading plan written. I have a trading plan mentally, but I agree with the furious bull dog and so will try and have a written trading plan by the end...

Excuse the absence of charts for the last 2 days. I was hit with the flu and am recovering. I could also kick myself in the process as I could've gotten the flu shot for FREE at Walgreens, but declined, as I didn't have "faith" in those shots. Maybe next flu season, i'll get one and pay for...

Pic. 1: Trade 1: LONG: Entry: $26.06 Exit:$25.98 $-0.08 Trade 2: LONG: Entry:$26.26 Exit:$26.26 $0.00 Trade 3: SHORT: Entry: $26.36 Exit: $26.35 $0.01 Pic. 2: Trade 4: LONG: Entry: $28.55 Exit: $28.55 $0.00 Pic. 3 Trade 5: LONG: Entry: $12.49 Exit: $12.49 $0.00 Total (+/-): $-149.90 All...

Trade 1: SLV SHORT: The first trade was taken when the trend reversed and failed to break past the days open. I took this as weakness at the open and was taken out within the next 1-2 minutes. Trade 2: SLV LONG: This was a trade that I was not happy with as I had initially wanted to get in...

I have been paper day trading stocks for the last 6 months with mixed results. However, the mixed results have been improving and I feel that I am a better trader than when I first started. Starting 1/1/11, I would actually like to trade with real money, so I thought it may be a good idea to...