Thursday, January 18, 2007

Thursday's Results

trigger shy today....

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There's not much to say about today, another quiet day, with barely any action on my part. Markets were either selling off or going sideways. To me, both RIMM and GOOG were easy pickings today. However, I was staring at the charts of RIMM and GOOG today, but unable to pull the trigger on buying any puts. The only explanation that I can come up with was that I was looking at the charts the night before, but failed to enter any alert levels on both of them. At least I didn't lose money.

Anyways, I took a couple of trades, one was a daytrade in a Canadian Uranium company (Forsys Metals) and the other in a thinly traded micro-microcap called Photochannel Networks (PN.v) - bought that one @4.45 and still holding.

I did notice from my Trading Performance page that I haven't had any 3 consecutive days of profit. It seems that once I go through 2 days of profit, the next one is always a losing session for me. It's been only two weeks, so I don't know if that is a trend or not. Regardless, I will be cautious (but not too cautious), and more importantly, I will be more conscious of following my trading rules.

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