Update (OXR, MSFT, QCOM)
Hi All,
Moving my previous trading diary @
xanga to my official Trading Diary!
Just an update on my current position, I’ve been trying to open a few positions this week before the Easter break unsuccessfully. Been looking at WPL, CSR, TAH.
I opened my first CFD position yesterday! I have also officially became an international investor
MSFT: Opened @ 28.442 with stop @ 26.6
MSFT is currently forming a xyz formation, no breakout yet, however I entered in anticipation (also not good!)
QCOM: Opened @ 43.707 with stop @ 41.362
QCOM is currently forming an ascending triangle with a triple top formation (I have no idea why I entered before the breakout, damn emotions - do not trade like me)
This is what happens if you are not discipline, if I get punished I truly deserve it. This is my first time trading CFD and its definitely much more to do with ‘timing’ then just opening a spread. My current thinking for the above two position is to hold the stock and watch the equity grow. Technically, both the stock are about to move in a direct with great momentum - i’m just not sure which way, but its not important.
My current spread postions
OXR (3/2.75): its had 2 great days of trading and it looks like its going to be a good month for OXR. Position is very safe
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