Into TDMI on 2/13 at 0.2152. Out just now at 0.2700, for a 25.5% gain.
Into TKC on 2/10 at 4.42. Out just now at 4.75, for a 7.5% gain.
My entry into TDMI was badly done, and I left money on the table. So a grade of ‘F’ for ‘trade execution’, no matter that I made money. My entry into TKC wasn’t much better, nor the exit. But I’d grade myself a ‘D’ on that one.
OTOH, the only way to learn how to trade is by executing trades and then doing post mortems. So, a grade of ‘B’ for that.
Is TDMI a typo error or should it be TMDI
Today TMDI had an excellent buy signal.
Lucky on TKC
Quill,
Good catch on the typo. Yeah, it was TMDI that I traded.
As for TKC, I was NOT “lucky”, The entry and exit were motivated by the facts I could see at the time, modulated by my persistent caution. I.e., when I’m watching prices in real time and think I’m seeing a stall, I get out. That means that sometimes, maybe even most times, I leave money on the table. But what I dislike even more is not getting out when a trend is stalling.
Take a close look at the candle that formed today for TKC. It’s a bearish, Hanging Man Doji. You can expect prices will retrace tomorrow. So I’m happy to be flat, with the profit banked.
Note: ALGN had one loss with a nasty head fake.
