Thanks for the update Roy.
I have been doing some retraining after making a bunch of bad trades over the past few weeks, so not doing much on the board. Restudying chart signals, patterns, etc.
Went back to every bad trade, and did a chart analysis to figure out what I was doing wrong. Mostly assuming that the stock "story" in my head was reality instead of following the chart.
Come to realize I am better at reading longer-term charts, and not so good at reading charts for daytrades - too slow with my entries and exits. So I'm making fewer, longer term trades. This week, I am in NEM and MU.
Also found a great new trading resource - TastyTrade.com. It's an all-day web broadcast on trading by the founders of ThinkorSwim. The style of commentary is often very annoying. However there is one particularly good segment, hosted by Slim, every day from nooon-1:00. Been getting some good trading ideas from him - he does very thorough chart analysis.
Have a great weekend, and thanks as always for sharing your expertise.
