I’m not in or out yet

I’m still here, in the shadow of the real traders, waiting for something to motivate me in one direction (or another). What I’m going to do.. not sure. Lots of friends and a few bloggers and readers have weighed in, giving me advice which is all appreciated, whether I take it or not. And since I haven’t deposited the new $5k into my account, I’m still being a bitch about making up my mind.

There are the reasonable things for me to do, like being calm and trading only what I think is a good trade instead of rushing things or using a quarter flip to determine a trading direction. The killer for me is the slow process that I encounter trading. I’m not very use to having a set amount of daily trades I can make, but with a sub-$25k account that’s the only choice. Maybe I should deposit $25k and start from there… but that’s what I gave Lindsey a hard time about.

Maybe I’ll just take it slow and easy the boogster way. He didn’t care how many of his readers dropped off, he held fast to his temporary rule of not posting his trades all the time. Also there’s the once-daily (on average) post that he makes. There’s some decent chart reading skills that I’ve learned from boogster.

Of course, I’m aways intrigued by whatever Sloping Tim has to say (I would read nearly anything he posted, except for maybe bible excerpts).

Recently Tim and Mike (boogster) had some different views on DUG since nobody is always right, I think that one of them wound up being more correct than the other.

Well, until I decide what to do, I’m sitting on the sh*t that I was before: 1 call CITI, 3 calls FXI, and some nearly pinksheeted stocks.

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Posted By: Michael

News Category: E.O.D.

 

 

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