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Daytraders After Market Lounge 18th Oct, page-51

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speckledjim1

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19/10/16

09:52

Post #: 19959272
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Originally posted by SelmaBouvier ↑

Hi All,

I had a successful trade on CXO for a sweet 10% after being sick with a super bad cold for 4 days. I rarely get sick and I felt empathy for all the guys with their man-flu moments. Feeling better today and my sympathy drying up quickly. lol.

I wonder what today will bring - acquisition announcement on MZN, and JCS might be worth a watch. Another trade out of CXO? Or not? I will let the market decide.

Lots of talk of ramping - in my book there are 3 types of rampers - Sharks doing it to prey on the inexperienced. Trapped holders, trying to wish their stock into the green and newbies who think trading is about getting others to buy the stock you like (I was guilty of this as a beginner, as I thought that was how a trader trades.) Now that I can trade without the emotional attachment (most times), I find the ramping a bit like graffiti. Much as I loved the highs and lows of adrenalin in the early days, I much prefer the business like steady satisfaction of how I trade today - stalking the market for hours at a time, not always making a trade. My early morning question used to be "What can I buy today?" whereas now it is "I wonder if anything will meet my criteria today." It sure beats the costs of over-trading.

Good luck today everyone. As @Trees always says - manage your emotions. Best advice ever.

This woman has so much talent

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Jeez Selma

That criteria thingy makes me feel like a stockslut
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