Friday, November 5, 2010

DNDN


Volume trend suggested the more likely direction was down instead of up so I shorted DNDN at the top















cover DNDN

3 comments:

RVM said...

How did you find DNDN this morning? Watchlist, HOD/LOD, etc. ?

I've been a follower of your blog for a while now. Thank you for taking the time to write and show your trades.

I recently decided to get off my butt and follow through with my dream of trading. Your blog has been one of the many inspirations that I have had to do so. I recently started a blog to show the trades in my simulated account in hopes of adding some emotion/accountability (by showing every trade) which is usually bypassed in simlulated accounts. I know no one will probably ever see it, but it does add a little anxiety knowing its there for the world to see.

Again, thanks for taking the time to do what you do....for free!

Scott said...

RVN- i traded DNDN the day before as it was making nice new daily lows. SO i watched it again this day. The making new highs and new lows ticker is about the most valuable component of your trading platform.it lets you see in real time what is driving the market and if you can free your mind up to recognize that, you will find it easy to get into the flow.
If this blog helps you out, then inn the future try to help someone else out yourself somehow. karma.

joshua said...

RVM,

feel free to come talk with dtf and i as well. we are all on the same path. congrats on finding this blog, it is eye opening. the most important part for me, and hardest, is visualization and self belief. you must download scott's affirmations and try your hardest to believe them in your core.