Holmen på G ?

I think Holmen B ( Sweden ) can have a nice uptrend soon.
Price 300.5 SEK

Watchlist 30-Apr-2007

Here comes a list of stock I will watch during this week on the swedish stockmarket.

(Price from 30-apr-2007 11:45)

- Affärsstrateg. // 3.34
- Allcardservices // 36.7
- Bossmedia // 16
- Gunnebo // 84.25
- Höganäs // 203.5
- Investor // 181.5
- Kabe // 122
- Knowit // 66,75
- Lappland Goldmining //
- Meda // 251
- Medivir // 57
- Modul 1 // 1,32
- Note // 95
- Oriflame // 355
- Oxigene // 30.7
- Rederi Trans. // 56
- Starbreeze //
- Swedbank // 259
- Taurus Energy. //

På G club check 27-Apr-2007

The G club
- Telelogic: 14.95 -> 17.4 SEK
- SHB: 211 -> 205 SEK Exit from the club
- Oriflame: 279 -> 338 SEK
- Tieto Enator: 206 -> 214.5 SEK
- QMED: 106.5 -> 114.5 SEK
- Munters: 319.5 -> 325 SEK
- Trelleborg: 192.5 -> 205.5 SEK

Habit 7 - Control your emotion

Keep trading in correct perspective and as part of a balanced life. Trading is emotionally intensive no matter whether you are doing well or going in the tank. It is easy to let the emotions of the moment lead you into strategic and tactical blunders.

Don't become too elated during successful periods. One of the biggest mistakes traders make is to increase their trading after an especially successful period. This is the worst thing you can do because good periods are invariably followed by awful periods. If you increase your trading just before the awful periods, you will lose money twice as fast as you made it. Knowing how to increase trading in a growing account is perhaps the most difficult problem for successful traders. Be cautious in adding to your trading. The best times to add are after losses or equity drawdowns. Don't become too depressed during drawdowns. Trading is a lot like golf. All golfers, regardless of their ability, have cycles of good play and poor play. When a golfer is playing well, he assumes he has found some secret in his swing and will never play poorly again. When he is hitting it sideways, he despairs he will never coming out of his slump.

Trading is much the same. When you are making money, you are thinking about how wonderful trading is and how to expand your trading to achieve immense wealth. When you are losing, you often think about giving up trading completely. With a little practice, you can control both emotional extremes. You'll probably never control them completely, but at least don't let elation and despair cause you to make unwarranted changes in your approach.

Since correct trading is boring, don't depend on trading as your primary stimulation in life. Unfortunately, the exciting aspects of trading, such as easy analysis and trade selection, are counterproductive. Good trading is repetitive and pretty dull. Thus, if you depend on trading for the major excitement, pursuit of fun will probably cause you to lose. If you can afford it, fine. If not, seek your entertainment elsewhere.

Trelleborg :: På G ?

Trelleborg på G? Pris idag : 192.5 SEK

Munters :: På G ?

Munter kan vara på G. Idag har vi 319.5 SEK

Habit - 6 - Long-term

Stay long-term oriented. Don't adjust your approach based solely on short-term performance. Our entire society emphasizes instant gratification. We are consuming are long-term capital. Eventually, this will lead to a decline in our standard of living over what it could have been with more attention to the future.

Most traders have such an ego investment in their trading that they cannot handle losses. Several losses in a row are devastating. This causes them to evaluate trading methods and systems based on very-short-term performance. Statisticians tell us that there is no statistical reliability to a test unless you have 30 events to measure. Short of a reasonable number of events, the outcome is wholly dependent on luck. As we saw in the risk of ruin discussion above, strings of losses are as certain as government inefficiency. Thus, the trader who chucks his system after four losses in a row is doomed to spend his trading career changing from one system to another. Don't start trading a system based on only a few trades, and don't lose confidence in one after only a few losses. Evaluate your performance based on many trades and multi-year results.

Watchlist sweden :: 20-Apr-2007

Today my watchlist on the swedish stockmarket is :
- Acamedia
- Artimplant
- Beijer
- BergsTimber
- Biogai
- Bringwell
- El & industrimontag
- Geveko
- ImpactCoating
- Inwarehouse
- JM
- Malmberg elekt.
- Morphic
- Opcon
- Peab
- Ratos
- Rörvik Timber
- SSAB
- WBM

I own or will buy on dipp this stocks

Status 18-Apr-2007

The G club
- Telelogic: 14.95 SEK Same :D
- SHB: 211 -> 216.5 SEK
- Oriflame: 279 -> 300 SEK
- Tieto Enator: 206 -> 207 SEK
- Axfood: 282.5 -> 274 SEK ( Removed from today)
- QMED: 106.5 -> 110.25 SEK

Correct to sell ?
- Swedish match 122.5 -> 123 SEK

Habit 5

Manage risk.
Manage the risk of ruin when you create your trading plan or system.
Manage the risk of trading when you select a market to trade. Manage the risk of unusual events.
Manage the risk of each individual trade.

The risk of ruin is a statistical concept that expresses the probability that a bad run of luck will wipe you out. On average, if you flip a coin 1,024 times, you will have ten heads in a row at least once.
Thus, if you are risking ten percent of your account on each trade, chances are you will be completely wiped out before long. If your trading method is 55 percent accurate (and whose is?), :D
you still have a 12 percent chance of being wiped out before doubling your capital if you risk 10 percent of capital per trade. For the mathematicians out there, this assumes that you win or lose the same amount on each trade. That is unrealistic, but I'm just trying to explain the risk of ruin problem.
The point is that in order to reduce the harm caused by unavoidable strings of losses, you must keep the amount you risk on each trade to about one or two percent of capital.
This makes trading with small accounts difficult. Two percent of $5,000 is only $100. That means with a $5,000, you should be trading with $100 stops. If you trade with $500 stops, your chances of avoiding meltdown from a bad series of trade are not good.
Trading with small stops is usually ineffective because they are within the market's "random noise."

Another element of risk is the market you trade. Some markets are more volatile and more risky than others. Some markets are comparatively tame. Some markets, such as currencies, have a greater chance of overnight gaps which increases risk. Some markets have lower liquidity and poorer fills which increases risk. If you have a small account, don't trade big money, wild-swinging contracts. Don't feel you have to trade any market that might make a move. Emphasize risk control over achieving big profits.

Pay attention to the risk of surprise events such as floods, currency interventions and wars. Most of the time there is some manifestation of the potential. Don't overtrade in markets where these kinds of events are possible.

The most important element of risk control is simply to keep the risk small on each trade. Always use stops. Always have your stop in the market. Never give in to fear or hope when it comes to keeping losses small. Never risk more than one or two percent of capital. Preventing large individual losses is one of the easiest things a trade can do to maximize his chance of long-term success.

ABB på G ?

I think ABB will soon go up ;) What do you think ?
Price today 124.25 SEK

Telelogic på G ?

Telelogic kan vara på G. :D
Pris : 14.95 SEK

Svenska handelsbanken på G ?

Svenska handelsbanken kan vara på G.

Oriflame på G?

Oriflame kan snart vara på G.
Price : 279

Boliden på G ?

Boliden kan få en upptrend snart. Jag väntar in en dipp för att se om boliden fixar dippen ;)

Habit 4

Don't overtrade your account. Trade in correct proportion to your capital. Have realistic expectations.
One of the most pernicious roadblocks to success is a manifestation of greed. Trading is attractive precisely because it is possible to make big money in a short period of time. Paradoxically, the more you try to fulfill that expectation, the less likely you are to achieve anything.

The pervasive hype that permeates the industry leads people to believe that they can achieve spectacular returns if only they try hard enough. However, risk is always commensurate with reward. The bigger the return you pursue, the bigger the risk you must take. Even assuming you are using a method that gives you a statistical edge, which almost nobody is, you must still suffer through agonizing drawdowns on your way to eventual success.

The larger the return you attempt, the larger your drawdowns will be. A good rule of thumb is to expect an equity drawdown of about half the percentage of your annual profit expectation. Thus, if you shoot for annual returns of 100 percent, you should be ready for drawdowns of 50 percent of your equity. Almost no one can keep trading their method through 50 percent drawdowns.
It is better to shoot for smaller returns to begin with until you get the hang of staying with your system through the tough periods that everyone encounters. An experienced money management executive has stated that professional money managers should be satisfied with consistent annual returns of 20 percent. If talented professionals should be satisfied with that, what should you be satisfied with?

Personally, I believe it is realistic for a good mechanical system diversified in good markets to expect annual returns in the 30-50 percent range. This kind of trading would still result in occasional drawdowns up to 25 percent of equity.

Swedish match

I will sell swedish match. Price 122.5 :-

Unemotional attitude

Since 2004 i had adopt a cold, unemotional attitude toward stocks.
I can't fall in love with stocks when they rose and I must not get angry when they fell.
There is no good or bad stocks, only rising and falling stocks.

Habit 3

Trade only with proven methods. Test before you trade. When applied consistently, most trading methods don't work. The conventional wisdom that you read in books is mostly ineffective.

Notice that authors never demonstrate the effectiveness of their methods. The best you can hope for is a few, well-chosen examples. The reasons for this is that they are lazy and their methods mostly do not work when tested rigorously.

You must be skeptical of everything you read. You must somehow acquire the ability to test any trading method you intend to use. The reliability of non-computerized testing is highly suspect. You must, therefore, use software that tests a particular approach or a variety of approaches.
You must learn the correct way to test and evaluate trading approaches.

Have a good approach. Follow the four cardinal rules of trading.
1) Trade with the trend.
2) Cut losses short.
3) Let profits run.
4) Manage risk.

These are well known cliches. Yet virtually all losing traders violate these rules consistently. Trading with the trend means buying strength and selling weakness. Most traders are more comfortable buying weakness and selling strength, the essence of top and bottom picking.

Trade good markets. Trend is your only edge. You must emphasize those markets which trend the best.
This will maximize your statistical edge over time.

Tieto Enator - På G ?

Är Tieto enator på G ? Price today : 206 SEK

Axfood på G ?

Mycket tyder på att Axfood kan få en upp trend nu :D

Framtiden får visa...
Price : 282.5 :-

Teach to fish ?

Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime.
Lao Tzu

Contact me - investbolaget (at) gmail.com - so we can discuss about trading. :D


“Don't waste time learning the 'tricks' of the trade. Instead, learn the trade.”