pyesetz: (Default)
[personal profile] pyesetz

Yep, another stock-trading post, just to keep putting off talking to you about the HVAC situation.

So, I sold my bullish position on July 29 and then the market tanked — yay!  While it was tanking, I bought more shares on July 31, Aug 01, and Aug 04, which I then sold on Aug 12 for a profit — yay!  I scalped another +0.8% out of the other traders, even though price just came back to where it was before.

Okay, now the bad news.  The US market participants liked this morning’s report on the consumer price index.  A lot.  My sell-price (yesterday’s upper blue line) got hit and then the market kept going skyward without me.  Today’s big white candle suggests that price will probably stay up for several days on momentum, even though I have only a bearish position now.

Oh well.  My algorithm is supposed to get me lots of profits, not big profits.  It leaves a lot of money on the table.  I win again!  That’s the good news.  If only it were real money.

 
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