Diary of investor

thinking abour applying to forum to prepair daily reviews. then, why am i writing this? i am already doing some kind of reviews;) !! so, feeling more strong about my way of trading. using software for technical analysis helps a lot! the situation at the market seemed rather strange today morning. all the positions changed prises up (or down) by 10percent - that is too quick - i hear this more and more often. people say big correction may come. have two stocks - linas and rst in portfolio and they are below signal line - i should have sold them a week ago. rst i am sure will go up in some time, but linas, not so sure... that was really a good lesson to see how the lines and signals work. next thing that i noticed - that those without technical analysis, but looking carefully at the results and profits of the companies, and daily trades, their decisions are really close the charts. that is really interesting to see.

feelin awfully - the stomach, althouth can not leave the computer - the trading starts... making mistakes, trying to learn. starting to valuate technical analysis and simple macd - moving averages. and seeing that the chat and listening to others sometimes makes harm. bought linas yesterday, feeling happy that had money only for a few hundreds. knew it is going down, saw on the graph and still bought. will be good lesson not to listen. and one more thing - rst broke the line and there was sell sign last week. also, did not pay attention. so, will wait for up, for a week or few... thanks for comments - that gives new strength and interest to write;) by the way, was searching the web yesterday for freeware stock charting software and was dissapointed. downloaded over 5, and most of them were designed for online stocks. and of course not lithuanian stock exchange. so, have my litle simple fcharts...

the trade started 1 hour later today because of technical problems. got no news today - seems my email has got soft bouncing. no news, no trade. was late to sell 3 stoks from portfolio. waited too long after rapid up, so, today got quick down, invalda, apranga. and loss for today. started thinking that the conference and chat on trade sometimes makes harm. should think myself - listened to one opinion and sold good stock - stumbras. in nse.lt, 16 stocks went up, 9 down. seems, everything is up except mine;(

cool day! the downloaded soft works ok, it is a simple program, with automated market indicators - macd, ema, rsi. still not sure what ema means. anyway, trying to collect my portfolio according to the news and technical analysis. to watch the charts before bying or selling. was counting the profit from all the trading period and it is so small.... have to be more carefull about technics. today, 12 stocks went up, 19 down. what i see it is not important how many stocks are going down. it is important to have those who are up.

nice trade today. 10 stock up (4 from mine portfolio), 17 down. feeling cool - my portfolio is growing;) talked with one trader . said, uses two main criteria for picking up the stock - p/e (price earnings ratio) and news on the company. the smaller p/e, the better. and the news of the company shows good or bad perspective for the future. nice talk. should find out more about p/e..

was using metastock professional offline version by equis , and the demo went out... someone from forum advised to try FCharts and GannalystLite30STD . they both are freeware and easy to use as he said. so, will try these. while searching in the web, saw pretty enough of stock charting software proposals. but, for now will try these and share later.

the sun shining, the stocks going up, everything seems fine;) the interesting thing is i tried to apply macd for rst (energy) stocks. there was sell signal a week ago. and yesterday saw the comment that there is a signal for buying coming. oops, so where i was wrong with the technical analysis? by the way, the demo version of metastock professional is over and have a headache to find new software...

remember, if you are investing - learn form your mistakes... myself i am not able to learn the lesson. do the same things, and lose...

so, mazeikiu oil losses reached ten percent for me. still do not know what to do - sell or wait. maybe will have to wait for a year.... was reading some basics on technical analysis, thinking to share with you. so, the main indicators would be - MACD, RSI, OBV and volume. MACD - is a moving average principle, and as i understood the most popular. it is should be applied only when the market has trend - up or down. in the consolidation macd signals may be wrong. RSI - relative strength index - shows the stocks strenght comparing with other. what i read today - when rsi is higher than 70, you should sell your stocks. when RSI is lower 30, it is a buy signal for the stock. Volume - great volume confirms the trend. Low volume shows the end of correction.

awfully bad day. portfolio - minus 3 percent. follow only my emotions when bying or selling. so,here is the result