Its been close to three months now dear readers, since I started this blog. I must admit when I first started writing this blog, or trading journal rather, I hardly expected that it to grow so popular so soon. We have already had over 15000 page views! In fact, in March we had a 365% increase in the number of unique visitors.
Thanks to all you readers for patronizing this blog! You guys make me post even on days I just don't feel like :). That is perhaps the main reason for over 150 posts in less than 3 months! If there is something you would like me to change about the blog or something you would like to see more of, please do let me know.
Here is to all of us becoming the best traders we can possibly be. Cheers!
5 comments:
glad to see your numbers are up! I'm one of those people who made a difference in your March numbers.
I, too, have a small account that I've started trading with since Oct 2009. The reason why I come here is to see how other small-timers trade, despite keeping only 10-12 stocks on watchlist and only trade 3-5 at a time.
I also can relate to a lot of what you say, especially in your more article-like posts such as "Taking it to the next level".
Ha ha! Thanks for adding to the March numbers Stuffdog!
Yeah, I don't keep too many stocks on my watchlist (I actually trade from my laptop!) and am restricted, not to mention, frustrated by the pattern day trader rule.
And I am glad you can relate to what I write. No doubt, I am absolutely honest in reporting my trades, but I also try to be as honest as possible, in reporting my trading emotions.
And one day, guys like us will "take it to the next level":). Cheers!
Hello PositionTrader.
I'm also one of those extra unique visitors that made up the March numbers. Thanks for this blog, I enjoy reading it, both for the content and the entertaining writing style.
The previous visitor mentioned watchlists. This is one of the areas that I'm trying to work on: how to maintain watchlists. I find that, over time, the number of watchlists I keep, and their contents, seem to explode. As a result, when the markets are buoyant such as now, I end up having an enormous number of stock buy candidates when I run my pre-market scans.
Paul
Thanks for the kind words ppmoore and thanks also for reading!
Yeah, I also face the same problem and lose track of a stock if it doesnt move in 2-3 days. But here is some advise. In a market like this with momentum plays everywhere, you can be proactive in removing stocks from your watchlist. What I mean is, if the stock goes down on high volume or breaks a resistance level easily, just forget about it. There are plenty of plays that are working there right now.
Also, try concentrating on stocks from certain sectors which have momentum with them. I have started doing this only year and it seems to be working fine. This will also help in reducing the size of your watchlist.
Thanks PositionTrader.
When analysing sectors, do you do this once per week, say at the start of each week, or daily? When a sector starts losing momentum, do you immediately also remove from the watchlist all stocks related to that sector?
So many questions. Sorry, I'm still learning this bstuff.
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