Five Trades, strong conviction on them and One Hell of a SHORT in MEE.
I put on my second short position in MEE, set my stop and just away from my screen and came back to see my profit sky rocket. Wish they were all this easy! This all started because i initiated a successful ONH. That gain boosted my confidence enough to get out there and get more.
23 comments:
You're a f*'n badass! Very nice...
You think this MEE might be a short overnight?
A good start to the day and Confidence builds the account nicely.
Well done Stewie. Your making us all look bad.
alex. yes. i think so but you make your own decision big guy.
I believe FWLT looks like it might be a good ONH. Mr. Stewie, your thoughts?
Great job, Stewie. I obviously have a lot to learn from you!
alex. FWLT looks OK. BUT CSIQ and MEE look great imo.
with this kind of gain you are gonna have to ship me some steaks by mail so I can celebrate with you! good job buddy. keep it up.
hpt. i am just feelin it. start small and let the snow ball roll down the hill and watch it get bigger and bigger. believe in yourself. trading is all mental.
hpt. i am just feelin it. start small and let the snow ball roll down the hill and watch it get bigger and bigger. believe in yourself. trading is all mental.
Truer words have never been spoken! Great job and terrific inspiration. Aloha and thanks again for sharing.
Big J
Stewie,
Great trade! It would be great if you can take a picture of your monitors setup that you use everyday to trade--I am curious.
Left $1,250 on the table on that MEE short. I knew I should have added, it was all down! Typical me until I get this to click. I'm making smart trades but only taking about 1/8th the profit. I'm getting close to having it all click. I keep picking up the snowcone before it turns into the snowball. I am going to force myself to leave a loss stop in above the MA and above where it might probe on the MA line. Then not cover until the trade gathers steam or the set up fails. I just have to fight the scratch urge. Me trading yesterday and today: $800 in profits. Me trading like I know I can: $6,500 left on the table. I'm so close Stewie, so close.
Wow!!!!!!!!!!!!!!! Congrats!
nice stew
monitor i use: HP LP1965 19" LCD Monitor
Blue: i can feel you are getting close. Just relax, forget how much you 'left on the table' and focus on your next quality trade. That's why you are a little gun shy and booking small gains b/c you are too 'touchy feely' with the mouse. find the trade, find the sector momentum, place the trade and the stop loss with confidence and just walk away. almost there buddy.
darkside, ainkurn and upside: thanks for the encouragement guys.
it's a crazy day! tmrw will be even crazier! peace.
John: i am in Upsidetrader's camp as far as longer term bear and we are going lower. these rallies are bear mrkt rallies imo. taking it one day at a time.
You are becoming legendary!
I once mad a trade similar to that, it was in JOYG. I went to get my haircut and comeback to 2,000 dollars. Had I not got my fresh fade, I would have probably booked a quick profit. Sometimes it's best to set it and forget it.
Great day my boy!
Ragecage: dude, i know. "Set it and Forget it" works! Best way to ride out trends longer. If you are sitting and baby sitting the trades, the temptation is to sell it. Need to incorporate "set it and forget it" into my trading. Great work yourself. Your picks have been SPOT ON!!!
The best of times my friend ain't it.
Good luck tomorrow not that you need the luck!!!
Thanks Stewie. I'll burn that into my brain. Trend days are "set it and forget it days". Locked in.
16.5k in 3 trades. I think we all aspire to that. You, MJ, & Jase have all enjoyed a half years income (for most people) in just this week of trading. It's amazing how profitable this numbers game can be. As you say, it really shouldn't be that hard. It's all about one's own confidence and not taking big losses. Don't give any back!
thnx pinoy but when trading, we could all use luck.
I knew that FNM was just a speed bump! Check out the 5-min chart on MEE, no reason to sell for awhile after you entered. I expect $20k tomorrow.
Hi Stewie,
I am a long-time reader of your blog. Congrats on your fantastic run! I would really appreciate it if you could do a post on which stocks you watch.
Thanks,
Vinay
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