Monday, July 17, 2006

CNCT (in retrospect)...

Below is my current trade in CNCT. I use Windows Journal to keep track of my trades and will be posting the pages on the blog (if possible). I focus on the short-term daily, 3mo chart and indicators with support from intraday (delayed quotes from Yahoo!), and long-term weekly, 3yr chart. I record my stop loss, targets, and appropriate signals. You'll see...

Here is the page:


As you can see, the window trades are problematic at times, but I just accept the transaction price in stride. In the end, I assume I get some good prices at good times and some poor prices at bad times. It is likely a wash. For the CNCT trade, it did cost me 1% due to the spike in stock price right when the window trade commensed.

That's my current trade, I'll update as needed.

For now,
Masterjaz out

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