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ItsAllCyclical

02/12/09 4:01 PM

#18312 RE: Frank Pembleton #18311

Not sure what you mean. Today was hopefully a product of all the work I've done over the past few years to get better, but in general I'm a mediocre ST trader. Much better at the IT stuff. I often tell people I'm wrong 40% of the time, but I bet more on the other 60% due to my confidence levels. Due to magic of compounding, walla, I can do this for a living (thus far). A big benefit I have over many on SI/iHub is I can watch/trade 100% of the time. No day job. Of course there are times where it can be a disadvantage. Still trying to work that out w/the emotions.

Wow, nice close w/my juniors. Just added another 1%+ in the last 10 min.

KastelCo

02/12/09 4:21 PM

#18317 RE: Frank Pembleton #18311

LOL.. I'm @ work :o( but on the bright side.. I've been getting longer gold on the way up.. so far so good.. not sure if tomorrow is a taking profit day..

You are correct about the style.. I'm opening up a new account that lets me hold USD inside an RRSP. Right now I need to have a corresponding trade to be able to wash the forex commission.. which can kill scalps.. I've missed a ton of great scalps on TBT, SRS , BGC and PSS.. because I need to worry about that..

amarksp

02/12/09 4:34 PM

#18318 RE: Frank Pembleton #18311