Excited

I might have blogged about this before, but oh well.

Now that's exciting.



An old investing adage is "cut your losses short and let your winners run."

This morning, I saw that I had 9%+ profits in one of my options. I got excited and wanted to sell. Then I thought, "How do I make money if I keep selling winners too soon and holding losers too long?" So I held the stock.

The results: I now have 0.95% gain.

Honestly, I do need to cut losses short on a consistent basis.

STLD

I cannot trade all of them, rather pick the ones I like.

Stop 17.57.

turtle

I have been looking at the turtle trading system.

You can download the information here

Here are two charts that showed up in the preliminary attempt for the turtle screen.

NTAP

X


If my judgement of the market was not clouded by bears, then I would have bought the stocks before the turtles.

It's easy to draw charts and show where to buy after the fact, isn't it?

But take a look at X chart with 200sma and you will also see that it bounced there 2X.

Nice turtles.




Other turtle stocks with volume > 2 mil are: HIG CAT UBS MAS VMED UYM CNQ IVAN