13 June 2007
12 June 2007
10 June 2007
På G club check 10-Jun-2007 - After big dipp
På G club check 10-Jun-2007
The G club
- Telelogic: 14.95 -> 21.5 SEK
- Oriflame: 279 -> 355 SEK
- Tieto Enator: 206 -> 216,5 SEK
- QMED: 106.5 -> Exit
- Munters: 319.5 -> 103,35 SEK (split 1:3 Buy price is : 106.5)
- Trelleborg: 192.5 -> 209,5 SEK
- Consilium: 44,80 -> 53,5 SEK
- Skistart: 116,75 -> 117.75 SEK
- Rederi Transatlantic. 57.25 -> 54.75 SEK
kl.
20:49
0
kommentarer
Etiketter: Trading
1 June 2007
Trading mindset ... (Part 3)
You need to learn from the experts.
You need to be better on:
-Sense of calmness
-Ability to focus on the present reality
-Not caring which way the market breaks or moves
-Always aligning trades in the direction of the market, flowing
with the market
-Not caring about the money
-Always looking to improve your skills
-Profits now accumulating and flowing in as your skills improve
-Keeping an open mind, keeping opinions to a minimum
-Accepting the risk in trading
-No Anger
-Learning from every trade
-Winning and losing trades accepted equally from an emotional
standpoint
-Enjoying the process
-Trading your chosen approach or system and not being
influenced by the market or others
-Not feeling a need to conquer or control the “market”
-Feeling confident and feeling in control of “yourself”
-A sense of not forcing the markets or yourself
-Trading with money you can afford to risk
-No feeling of ever being victimized by the markets
-Taking full responsibility for your trading
kl.
08:54
0
kommentarer
Etiketter: mindset, Trading habits
31 May 2007
Trading like Vinci ?
Nice post about Trading like Leonardo Da Vinci.
Some of the facts are :
1. Read the works of Soros, Jesse Livermore, William O'Neill, Warren Buffett and Nick Darvis.
2. Choose one and copy exactly what they do.
3. See each stage they go through to reach their conclusions and the actions they take and the inferrences they derive from the outcomes.
....
kl.
08:58
0
kommentarer
Etiketter: Trading habits
29 May 2007
28 May 2007
På G club check 28-May-2007
På G club check 18-May-2007
The G club
- Telelogic: 14.95 -> 17 SEK
- Oriflame: 279 -> 350 SEK
- Tieto Enator: 206 -> 216 SEK
- QMED: 106.5 -> 108.5 SEK
- Munters: 319.5 -> 106 SEK (split 1:3 Buy price is : 106.5)
- Trelleborg: 192.5 -> 217 SEK
- Consilium: 44,80 -> 53,75 SEK
- Skistart: 116,75 -> 116.5 SEK
kl.
18:42
0
kommentarer
Etiketter: Trading
24 May 2007
Trading mindset ... ( part 2)
More reasons :
- Short memory: You feel great if your last trade was good but feel bad because last trade was a loss. Need approval from the market.
- Do not follow a proven system: You have a system but you do not
- trust it
- test it
- follow it
- Bad mood after one trading day: The market is a mental roller coast due to anger, fear and greed.
- Afraid to trade: No system, no risk calculation, no size calculation. No control over your trading.
kl.
13:29
0
kommentarer
Etiketter: mindset, Trading habits
21 May 2007
Trading mindset ...
Developing “The Trader’s Mindset” is a must for trading success and this takes time.
There is no short cut or learn a formula trick. You usually develop it by actually trading and the experiences you gain from trading.
Your head can stop you on the road to the "trader's mindset".
Here is why :
- Fear to take loss: Your ego is at stake. You cannot take another loss.
- Exit to early : Anxiety by closing a position. Fear of position reversing and then feeling let down. Need for instant gratification ?
- Doubling down: Your trading is wrong but you can not accept it and you buy more. Your ego is at stake.
- Not taking responsibility for your trade: No control or responsibility for the trade. Inability to accept the present reality of the market place.
- I'm in the game: I want to play and gamble Needing to feel you are in the game.
kl.
13:39
0
kommentarer
Etiketter: mindset, Trading habits
Darvas Oh Darvas !!
He turned $25,000 into $2,25 million by scanning the newspapers in just five minutes during the late night early morning period. He himself said it wasn't so much the amount of money he made that pleased him but the ease and peace of mind it was achieved.
Nice book and funny to read ;)
How I Made $2,000,000 In The Stock Market
kl.
13:31
0
kommentarer
Etiketter: Books
20 May 2007
101 Trends Every Investor Should Know About The Global Economy
Source of information regarding trading fundamentals in global markets, especially for beginning FOREX traders.
101 Trends Every Investor Should Know About The Global Economy
kl.
21:55
0
kommentarer
Etiketter: Books
Trading for living ?
Successful trading is based on the three M's - Mind, Method and Money. In Trading For A Living Dr Elder taught you how to combine personal discipline with finding the best trades and safe money management.
Trading for a Living: Psychology, Trading Tactics, Money Management
kl.
21:02
0
kommentarer
Etiketter: Books
Japanese Candlestick Charting Techniques
The candelstick techniques we use today originated in the style of technical charting used by the Japanese for over 100 years before the West developed the bar and point and figure analysis systems. In the 1700s a Japanese man named Homma, a trader in the futures market, discovered that, although there was a link between price and the supply and demand of rice, the markets were strongly influenced by the emotions of the traders. He understood that when emotions played into the equation a vast difference between the value and the price of rice occurred. This difference between the value and the price is as applicable to stocks today as it was to rice in Japan centuries ago. The principles established by Homma are the basis for the candlestick chart analysis, which is used to measure market emotions towards a stock.
Japanese Candlestick Charting Techniques, Second Edition
kl.
20:44
0
kommentarer
Etiketter: Books
Technical Analysis of Stock Trends
The classic work that lays the groundwork and sets the standards for technical investors.
Technical Analysis of Stock Trends, 8th Edition
kl.
20:36
0
kommentarer
Etiketter: Books
18 May 2007
På G Club :: 18-May-2007
På G club check 18-May-2007
The G club
- Telelogic: 14.95 -> 16.3 SEK
- Oriflame: 279 -> 337.5 SEK
- Tieto Enator: 206 -> 217 SEK
- QMED: 106.5 -> 108.5 SEK
- Munters: 319.5 -> 107.5 SEK (split 1:3 Buy price is : 106.5)
- Trelleborg: 192.5 -> 210.5 SEK
- Consilium: 44,80 -> 54 SEK
kl.
20:38
0
kommentarer
Etiketter: portfolio
Check this 18-May-2007
During next week I will check:
- Academedia
- Addtech
- Alfalaval
- Angpanneför
- Artimplant
- Axis
- Beijer
- Bergstimber
- Betsson
- Biogaia
- Bossmedia
- Bureequity
- Cybercomgroupeu
- Hexagon
- Icmlogistik
- Impactcoatings
- Inwarehouse
- Neonet
- Orcsoftware
- Oriflamecosmets
- Pilum
- Probi
- Ratos
- Raysearchlab
- Retailandbrands
- Roerviktimber
- Sas
- Smarteq
- Ssabb
- Taurusenergy
- Technologynexus
- Tethysoil
- Theempire
- Unibetsdr
kl.
19:46
0
kommentarer
Etiketter: portfolio
14 May 2007
13 May 2007
G club :: 2007-05-13
På G club check 13-May-2007
The G club
- Telelogic: 14.95 -> 16.6 SEK
- Oriflame: 279 -> 339 SEK
- Tieto Enator: 206 -> 219 SEK
- QMED: 106.5 -> 108 SEK
- Munters: 319.5 -> 332,5 SEK
- Trelleborg: 192.5 -> 206.5 SEK
- Holmen: 300.5 -> 293.5 SEK ( Still in Club but maybe exit soon)
kl.
17:02
0
kommentarer
Etiketter: stocks
Check this :: 13 May 2007
During this week I will check:
- academedia
- active capital
- addtech
- alfa laval
- angpanneförb
- artimplant
- axis
- beijer
- bergs timber
- betsson
- biogaia
- bure equity
- conpharma
- cybercomgroup
- digitalvision
- electrolux
- el&industrimontage
- icm logistik
- impact coatings
- intellecta
- mekonomen
- neonet
- omx
- orc software
- oriflamecosmets
- peab
- pilum
- probi
- ratos
- ray searchlabb
- retailandbrands
- rörviktimber
- sagax
- sandvik
- sas
- scaniab
- smarteq
- softronic
- ssabb
- taurusenergy
- technologynexus
- unibet
I will buy some on dips.

kl.
16:53
0
kommentarer
Etiketter: stocks
10 May 2007
Experience taught me....
“Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you're generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don't make.”
Thanks
D. Trump
kl.
13:34
0
kommentarer
9 May 2007
check this :: 9-May-2007
During this week I will check:
- academedia
- activecapital
- addtech
- alfalaval
- angpannefoer
- artimplant
- axis
- beijer
- bergstimber
- betsson
- biogaia
- biophausia
- cybercomgroup
- digitalvision
- electrolux
- elindustrimontage
- hennesmauritz
- icmlogistik
- impactcoatings
- intellecta
- inwarehouse
- mekonomen
- morphic
- neonet
- omx
- orcsoftware
- oriflamecosmets
- peab
- pilum
- probi
- ratos
- retailandbrands
- roerviktimber
- sagax
- sandvik
- sas
- scania
- smarteq
- softronic
- ssabb
- taurusenergy
- unibet
kl.
22:34
0
kommentarer
Etiketter: stocks
6 May 2007
G club 6-May-2007
På G club check 6-May-2007
The G club
- Telelogic: 14.95 -> 17.1 SEK
- Oriflame: 279 -> 338 SEK
- Tieto Enator: 206 -> 219 SEK
- QMED: 106.5 -> 113.5 SEK
- Munters: 319.5 -> 335 SEK
- Trelleborg: 192.5 -> 211.5 SEK
- Holmen: 300.5 -> 310 SEK
kl.
11:06
0
kommentarer
Etiketter: stocks
3 May 2007
2 May 2007
Risk & money management
Risk management and money management are key to achieving any success in a market.
I think that traders should never “over-trade,” and should establish “risk tolerance”.
Emotional and psychological acceptance of risk is what determines your mental state in each trade.
Do you have an idea of your risk tolerance ?
You must select a trading methodology that reflects your timeframe and risk tolerance.
kl.
20:56
0
kommentarer
30 April 2007
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. //
kl.
11:34
0
kommentarer
27 April 2007
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
kl.
21:58
0
kommentarer
Etiketter: stocks
24 April 2007
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.
kl.
20:22
0
kommentarer
Etiketter: Trading habits
23 April 2007
20 April 2007
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.
kl.
21:35
0
kommentarer
Etiketter: Trading habits
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
kl.
12:57
0
kommentarer
Etiketter: stocks
18 April 2007
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
kl.
20:49
0
kommentarer
Etiketter: stocks
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.
kl.
20:09
0
kommentarer
Etiketter: Trading habits
17 April 2007
13 April 2007
12 April 2007
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.
kl.
15:26
0
kommentarer
Etiketter: Trading habits
11 April 2007
8 April 2007
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.
kl.
15:55
0
kommentarer
Etiketter: Trading
6 April 2007
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.
kl.
15:59
0
kommentarer
Etiketter: Trading habits
5 April 2007
1 April 2007
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.”
kl.
20:16
0
kommentarer
Etiketter: Trading
30 March 2007
Habit 2
One other good habit to have is :
Be responsible for your own trading destiny. Analyze your trading behavior. Understand your own motivations. Traders come into trading with a view to making money. After awhile they find the trading process to be fascinating, entertaining and intellectually challenging. Pretty soon the motivation to make money becomes subordinated to the desire to have fun and meet the challenge. The more you trade to have fun and massage your ego, the more likely you are to lose. The kinds of trading behaviors that are the most entertaining are also the least effective. The more you can emphasize making money over having a good time, the more likely it is you will be successful.
Be wary of depending on others for your success. Most of the people you are likely to trust are probably not effective traders. For instance: brokers, gurus, advisors, system vendors, friends. There are exceptions, but not many. Depend on others only for clerical help or to support your own decision-making process.
Don't blame others for your failures. This is an easy trap to fall into. No matter what happens, you put yourself into the situation. Therefore, you are responsible for the ultimate result. Until you accept responsibility for everything, you will not be able to change your incorrect behaviors.
kl.
15:19
0
kommentarer
Etiketter: Trading habits
29 March 2007
27 March 2007
Market wizards
The Market Wizards books are written by Jack D. Schwager. He interviews a wide range of traders with excellent track records of profitability.
Read them and understand the process.
- Market Wizards: Interviews with Top Traders
- The New Market Wizards: Conversations with America's Top Traders
- Stock Market Wizards: Interviews with America's Top Stock Traders
kl.
13:41
0
kommentarer
Etiketter: Books
Supervise 26-Mars-2007
I will supervise: ( My shortlist )
- Academedia.
- Active biotech.
- Alfa laval.
- Bringwell
- Effnet holding
- Electrolux
- El industri montage
- Geveko
- H&M
- Intellecta
- JM
- Kaupthing
- Kungsleden
- Latour investment
- Peab
- Precise Bio
- Ratos B
- SSAB B
- Stora Enso
- Volvo
- Worldwide brand
kl.
11:00
0
kommentarer
26 March 2007
25 March 2007
Sweco B :: 283.5 SEK
Sweco B
- resistance 286
- support around 277 SEK (Stop loss level)
I will buy if close over 286 SEK (more than 3 days) with stop loss
kl.
13:59
0
kommentarer
Etiketter: stocks
Worldwide Brand :: 443
Worldwide Brand
- resistance: Euh can you find one ? ;)
- support around 380 SEK (Stop loss level)
- Run the trend ?
kl.
11:51
0
kommentarer
Etiketter: stocks
24 March 2007
Habit 1
One good habit to have is:
1. Understand the true realities of the markets.
2. Understand how money is made and what is possible.
The markets are what is called chaotic systems. Chaos theory is the mathematics of analyzing such non-linear, dynamic systems. According to Edgar Peters, author of Chaos and Order in The Capital Markets, mathematicians have conclusively shown the to be non-linear, dynamic systems. Among other things chaotic systems can produce results that look random, but are not. A chaotic market is not efficient, and long-term forecasting is impossible. Market price movement is highly random with a trend component.
Unsuccessful and frustrated traders want to believe there is an order to the markets.
Sad traders
1. think prices move in systematic ways that are highly disguised.
2. want to believe they can somehow acquire the "secret" to the price system that will give them an advantage.
3. think successful trading will result from highly effective methods of predicting future price direction.
4. have been falling for crackpot methods and systems since the markets started trading.
The truth is that the markets are not predictable except in the most general way.
Successful trading :
1. does not require effective prediction mechanisms.
2. involves following trends in whatever time frame you choose.
The trend is your edge. If you follow trends with proper money management methods and good market selection, you will make money in the long run. Good market selection refers to selecting good trending markets generally rather than selecting a particular situation likely to result in an immediate trend.
There are two related problems for traders.
1. following a good method with enough consistency to have a statistical edge.
2. following the method long enough for the edge to manifest itself.
kl.
21:02
Etiketter: Trading, Trading habits
22 March 2007
Is daytrading nice ?
Here's what trading legend Larry Williams said about day trading: "If you're day trading, you're going to end up frying your brain. When you go home, you're not going to be a nice person to be around. I'm already not too a nice a guy to be around. So when I do a lot of that type of trading, who would want to be around me?
"All the day traders I talk with are losing money. The oscillators, the supposed support and resistance levels, all that other technical analysis stuff out there doesn't work very well in day trading. Plus I found I make more money by holding overnight and trading out of positions in the next day or two. If I've really got a strong signal, it should last for more than a few hours."
Gary Smith is the only person with a documented long-term success record in day trading. He made money consistently for over ten years. However, he trades relatively infrequently, maybe once or twice a week. "Successful day trading is not an everyday affair and not a multiple trade affair," he cautions. "Inexperienced day traders simply refuse to accept this." Gary's book, published by Reality Based Trading, is called Live the Dream by Profitably Day Trading Stock Futures.
If you want to be a successful trader, your best chance is with a long-term. If you must day trade, don't do it very often. The more you trade, the more likely it is you will lose.
kl.
22:11
0
kommentarer
Etiketter: Trading
25 February 2007
Book :: Reminiscences of a Stock Operator
Do I need to say why you need to read Reminiscences of a Stock Operator ?
You are joking no ?
kl.
14:43
0
kommentarer
Etiketter: Books
9 February 2007
Start a portfolio today
Start a portfolio today ? Why not this one ?
-ALFALAVAL
-ATLAS COPCO
-AXIS
-CARDO
-HEXAGONB
-MODERN TIMES GRP
-MORPHIC
-NOBIA
-NORDEA BANK
-OEMINTL
-RAY SEARCH LAB
-SCANIA
-SEB BANKEN
-SWED BANK
-VOLVO
kl.
21:30
0
kommentarer
No ride yet for Ericsson.
Oops we have to wait for a new floor creation at 28.00 SEK. No ride this time.
Ericcson is not like ABB :(
kl.
10:53
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