Missed opportunities
Hindsight is 20/20... yeah, yeah, yeah. If a stock is in my watchlist and if that watchlist is not that long and I miss a trade... then I'm doing something wrong and not looking in the right places. Personally, I have distractions to deal with so I can kinda blame it on that, but sometimes I just get downright bored looking for setups and often will close the computer at a certain time. This will probably change when I return to the US as my work day will start and end sooner than it currently does.
Back to the hindsight thing. I'm still waiting for the perfect trading day. Don't get this confused with executing perfect trades. The perfect trading day for me is spotting and capitalizing on every (or most every - I'm not that anal) opportunity that presents itself in my watchlist.
It can and will be done.
EDIT: Guess I should mention SMSI (15-min) and LFC (30-min) were nice missed opps. There was some movement on my watchlist after all :)
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5 comments:
TS or NeoTicker if you don't want to go hunting for them. Let them come to you. So being a sissy and get over your fears of programming etc. It's easy and there are a lot of people who will help you.
lol... oh no you didn't!!! Not sure how TS will help me not miss them. Is there code for anti-boredom and taking care of kids or making dinner? Anyway... programming's for geeks!!!!
well the thing about TS or Amibroker etc...is that you program what you are looking for; IB on 30 min, fib retracement, topping tail etc.. and then you get this really freaking annoying alert that goes off when that trigger. So this way you are free to do whatever you need to do. Read...change diapers...make another baby etc...
However, you may be able to do this in quote tracker too but I'm not sure how.
yeah... QT can't make babies. I have paintbars and stuff that can throw off alerts. I just need to stay in the game and move when I see an opportunity. The point of my post is that I'm really looking for a perfect trading day. A day where no mistakes are made and every 'good' opportunity that presents itself is taken. A day where there are no hindsight trades because I would've taken all of them. It's something to shoot for and I believe it's very achievable.
Falt Wallet, im heading your way in terms of writing RT scans d\for certain set-ups. i also need to pare down the list at some point. ill watch a stock on a screen with 9 charts, them open one to full screen and miss the other stuff going on the other charts?
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