Thursday, May 31, 2007

Intro

I've been interested in starting a trading blog for a while so here it is.


I enjoy investing & trading. I've been investing (fundy type) for many years. I few years ago I decided to try the technical stuff. I really enjoy the work. I'm still learning, but it is fun. Trading is not my primary gig but I do spend a lot of time reading and researching trading stuff.
BTW: I doubt this will be a very useful blog for quite some time, so, unless you want some bad trading advice I wouldn't try any of the silly things I post. Plus a lot of what I do is pretty short term.
I'm just doing this to clarify my own thought process. I find if I write stuff down or expose my thought process to others I tend to get better results.
I'm not going to post all of my trades
OIH @ 171.75 BTO a couple of the Jun 175p --> very short term trade. Stop @ 172.50
Why? I have written a couple of cheezy trading strategies for Tradestation and My combo of MACD, Slow Sto, and resistance tell me to short the OIH Possibly as a swing trade. This is a pretty marginal indicator for me, but it is the best I've got for today.

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