I made some good calls on market direction but i didn't execute my trades properly this week. I felt a bit off in my timing and my entries were a bit off. Will make some adjustments in this department and hopefully turn in some better trades!!
It was not week i am proud of but i will strive on regaining my form next week!!
| LONG/SHRT | Symbol | Entry Price | Exit Price | % Profit/Loss | Holding Period | |
| LONG | PCX | 12.55 | 12 | -4.38 | swing trade | |
| LONG | SXCI | 47.15 | 46.36 | -1.68 | swing trade | |
| LONG | CVM | 1.97 | 1.85 | -3.03 | day trade | |
| LONG | RIMM | 84.8 | 84.4 | -0.47 | day trade | |
| LONG | BEXP | 10.18 | 10.2 | 0.2 | day trade | |
| LONG | MPEL | 7.9 | 7.87 | -0.38 | day trade | |
| LONG | IOC | 39.9 | 39.5 | -1 | swing trade | |
| LONG | CGA | 12.48 | 12.9 | 3.37 | day trade | |
| LONG | RINO | 17.35 | 17.9 | 3.17 | swing trade | |
| LONG | NTES | 46.45 | 45.9 | -1.18 | day trade | |
| LONG | RINO | 18.25 | 17.8 | -2.47 | day trade | |
| SHORT | MTH | 20.7 | 20.9 | -0.97 | day trade | |
| SHORT | MHP | 23.7 | 23.7 | 0 | day trade |
CHECK OUT THE FULL 24 MONTHS PERFORMANCE HERE:
UP 77.2% SINCE THE INCEPTION OF THE ART OF TRADING SERVICE 24 WEEKS AGO!!
WE HAVE A CHAT ROOM WHICH IS GROWING EVERYDAY WITH MANY GOOD TRADERS SHARING THEIR IDEAS, TECHNIQUES AND STRATEGIES!!
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2 comments:
PCX had already peeled off the week prior, but many names still looked overdone on 60 day charts. Oil/Dollar reversal on Wed. was brutal. Sorry you got caught. This is another case where your bad week was a good one for me. It's probably momo vs. countertrend styles.
RIG gave some nice clues:
http://www.gamingthemarket.com/fomc-trading-tools.html
hi GTM, yup, it's the good ol trend following versus mean reversion.
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