Market Flogging

Trend trading in the stock market

Tuesday, November 14, 2006

Equities Good.....Futures Bad

An early post from work today. My computer at home is cased under a thick layer of visqueen, or however you spell it. The painting seems to be dragging along painfully and now our heater is busted, so the paint won't dry. Some dude is trying to get it fixed today, but it is a day off for the painters.

I'm dabbling in the futures arena lately, as I've stated. It is going horribly horrible. I'm very willing to put in some learning curve time, but this is ridiculous.

I tried my hand at some trend following and then swing day trading in the mornings. Horrible.

I tried my hand at trend folliwing in the FOREX market. Horrible.

I tried and am still trying my hand trend following daily charts in the commodities markets. Horrible. This one I think I'll wrestle to the ground. It's just trading with close-in stops that so far have wipsawed me to death. That happens often with equities too. It is a battle of attrition. I'll KILL those bastards! I'm done with the short term stuff though. It isn't for me. I really found I don't like it much. If I wanted a second job I'd go get one.

Equities are more than awesome lately. I'm up a bundle in my IRA in the past several weeks. Today was a monster.

I lost CAG, but picked up BER and MET.

I just realized I forgot to capture my month-end balances on October 31. At least I think I did. I plan on releasing quarterly reports instead of monthly reports anyway. I know everybody with a blog likes to blast out monthly and even weekly totals, but I find them pretty useless for my gig.

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