Made my first Equity Trade in a long time

Wow, what a reminder. I have not traded stocks in far too long. Last night I tried setting up some charting software. Checked my old trading PC.

Today I setup a laptop which will be dedicated to Trading and Investing. Everything worked. A lot of very fond memories came flooding back. Some of the stocks which I had played in the past were in play today – up over 10%.

Level 2 Bid Ask screen was a joy to see again. I never realized how much I missed doing this.

My trading was based on self taught Technical Analysis. Research is something that I had learned to appreciate when I worked under at IBM Head Office. Research can open doors. Trading and investing is essentially psychological and I know a fair bit about that. Spending time researching obscure trading ideas paid off. Now all I have to do is refresh the memory cells.

It was funny looking at charts, some of old thinking came back.It’s about playing when the odds are in your favour and sitting back and “doing nothing” when they are not. People generally over trade, because they miss the thrill ( I understand that one today) or they want to pay the market back after taking a loss.

Anyhow, the trade got filled. It was a real buzz watching the Bid Ask Level2 to get an idea where the price was gonna go.

I can’t believe how much I missed this.

Have to get AmiBroker setup (love that software) and other pgms. I even have thoughts of setting up my Trading Room again.

Look for more Trading and Investing oriented posts.

One Penny Stock which I had played in the past (no longer own shares of it) was ULI.V UltraLithium trading in Vancouver. It came up on my brokers screen (I think that years back I had added it to the watch list). I’ve included a link to a chart of ULI.V, thanks to the good folks at StockCharts.com. ULI.V would have been a really nice trade in Feb 2016 when the Moving Averages crossed. Moving Average crosses do work, but I would have confirmed that signal with other stuff like the Commodity Channel Index behaviour. Just click on the link below to view the chart of ULI.V

http://schrts.co/SJlLbI

I feel like a kid being let loose in a huge Candy Store.

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