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Showing posts from April, 2005

pravalas

had a look at the report and got scared - for the last two months only losses except two shares. all the rest about 10 stocks turn into minus. no words... must turn everything into cash and now it is the worst time of the year to do so.

not a mistake

the last time i wrote about snai, rst and invl - i sold them and then was unhappy to see them up. now, after some time, i may draw some conclusions. rst went up - i could have sold it without losses. what it interesting after few days up, now it is great down - almost 30percent from the price i sold it. so, not so bad. invl went up for a few cents, and now it is also lower than my selling price. the only snai is going up. the purpose of my buy was to see RSI working. the problem was i was not looking at the snai situation - it was going down for more than 6months, and i accidentely bought it when after the bottom it started to go up. to buy it was a wise decision, but to sell it.... well, i needed money and quickly.. was reading about sellin decisions today. two points. first - sell with RSI high - over 70-80percent. and second - remember that after rally - quick up over 10-20-30 percent - the price will stay flat for a long time. i wish i knew that earlier.
wow, what a day.... 16 down, 6 up. terrible day, down. looking for the best day to sell off everything, seems it is not the best chance.

moving out?

up and down, up and down, but the ups are not high enough.. now in the process of going to move the savings to real estate, so, thinking about holiday from trading and stocks for a few months. was thinking about the psychology of savings and trading. personally for me it is more difficult to trade when the portfolio is getting bigger. the losses are bigger:) and there is more pressure - maybe the responsibility. the advantage is that with more many it is easier to earn more. now looking forward for the end of summer and small portfolio - will start new trading year. for now - still making the same mistakes. or maybe it is my way to do things. to find good stock and sell it before it's up. so, feeling upset with invalda, rst and snaige.
hard day. the rollercoster of the oil price. sold it in the first part of trade, then sae the price moving down and did not get to byu back cheaper... then the price started moving forward, reach maximum - 22ct more than mine sold price and then came back to the price i sold. the mistake - to sell, then the second mistake - to try buy and the higher price. bought a litle bit almost at the maximum price. feeling tired and think will leave this for now. was looking at rsi and will try it. bought 3 shares where rsi is about 30, hope will not have loss. the shares on the whole do not seem very attractive according their fundamental analysis, but will check rsi.. oh, yes, in the morning bought some bank, then it's price moved down. soon will be a year of my trade and i am still a total novice... what i do not like - this trading without strategy and too often bying and selling.

how to make money in the bear market?

find bullish stock:) the family meeting yesterday looked at the stocks and decided it is too much - minus 3 portfolio. sold a few stocks today with rather big loss and bought some more oil - mazeikiai. should look more carefully at this stock in the next few days. maybe will sell and then buy again. it is one of the best choice in my eyes. looking at other shares and do not have a clue - buy, or sell. the best thing should be to wait. as everyone repeats - untill july or august. then the lithuanian market comes back to life. what is more difficult - to see such big downs. i came to market last year in autumn - since then everything was going towards highs. now i can imagine what it means that stocks are extremely high risk investment.