Archive for August, 2008

Posted by Martin August 31, 2008

Discipline

Discipline and patience is alpha & omega of any trading or investing. Without it an investor would experience huge losses. I have my own experience with lack of discipline and patience. I lost about 60% of my initial principal when I started trading about three years ago. I still fight with my emotions. My biggest Continue reading →

Posted by Martin August 31, 2008

Market 08/25 – 08/29

Market 08/25 - 08/29

This weeks’ market behavior was little shaky and volatile, in weekly terms it went sideways. However I could see one positive point in the last August week trading. Even though on Friday the market dropped very significantly (Dow -171.63; -1.47%; 11,543.55; Nasdaq -44.12; -1.83%; 2,367.52; S&P -17.85; -1.37%; 1,282.83) the end of the week shows Continue reading →

Posted by Martin August 31, 2008

Transfer your savings into investing

I am still talking in terms of a small account, small money. In my previous post I told that every small beginning investor can start from nothing. If an investor sticks to the saving plan by transferring a little share of her salary into a savings account, soon she will end up with some good Continue reading →

Posted by Martin August 29, 2008

Strategy – money management

I will trade only a small money account. The truth is I do not have more money to trade with. My account was originally larger than it is now, but this is a different story which I will explain later. My problem was that I was not disciplined enough to follow any rules given. I am Continue reading →

Posted by Martin August 29, 2008

Picks 08/25 – 08/29

This week I have deposited $150 to my account so I can use a margin for the next trading. Unless the account drops below $2,000 value. No new picks. Existing holdings: Symbol Qty Last Gain($) Gain(%) AFAM 7 45.21 45.08 16.61 BABY 12 24.60 5.40 1.86 PEGA 19 14.66 -7.03 -2.47 WCG 6 41.76 -6.84 Continue reading →

Posted by Martin August 23, 2008

Picks 08/18 – 08/22

No new picks. Symbol Qty Last Gain($) Gain(%) AFAM 7 42.71 27.58 10.16 BABY 12 24.02 -1.56 -0.54 PEGA 19 14.72 -5.89 -2.06 WCG 6 42.31 -3.54 -1.38 Account value = 1,945.55 Portfolio Gain/loss this week = 1.54% Portfolio Gain/loss since inception = -2.21% Annual Return (CAGR): -2.22%

Posted by Martin August 22, 2008

Market 08/18 – 08/22

Market 08/18 - 08/22

The rest of the week the market went sideways while volume was dropping. Friday ran up, but on low volume. No big deal. Wednesday: The market continued in a downtrend, even though it ended with a gain it is on the edge of a downtrend. The volume eased however, which would be a good sign. Continue reading →

Posted by Martin August 17, 2008

Market 08/11 – 08/15

Market 08/11 - 08/15

The market remains in rally, however its 50 day MA remains still below 200 MA. Do not open new trades. It is one of the rules which I have broken again two weeks ago. The rally still may fail. These two coming weeks will show if the market would have enough power to break higher. Continue reading →

Posted by Martin August 17, 2008

Picks 08/11 – 08/15

No new picks. Symbol Qty Last Gain($) Gain(%) AFAM 7 40.21 10.08 3.72 BABY 12 23.95 -2.40 -0.83 PEGA 19 14.47 -10.64 -3.73 WCG 6 39.81 -18.54 -7.20 Account value = 1,907.46 Portfolio Gain/loss this week = -2.01% Portfolio Gain/loss since inception = -4.13%

Posted by Martin August 17, 2008

Picks 08/04 – 08/08

As I said in “About me” I decided to change my trading to become a successful trader. Here is my record for this week: Initial account value = $1,989.66 (see why this amount) ———————————————————————————————— BABY = initial bought 12 @ 24.15; total shares owned 12; High fundamental result: – EPS (+1,155 %); – Growth ratio Continue reading →