Tuesday, 3 February 2009

Summary of the day

Petrofac looks to be a good buy moving up 2.5% after my order filled - coming off of a nice cup and handle pattern I'm confident of this moving steadily upwards. 

I am desperate to get out of LloydsTSB for now - i just want to take profits and 89p has annoyingly proved to be a stubborn resistance line for me..  praying for the banking gods to shine down on me tomorrow! 

BA - shooting up today... getting closer and closer to getting in on this one.  I am a fan of the £1 stocks just because i am lazy and it is easier to calculate risk / reward.  Holding for the dip - possibly swap my Lloyds holdings for this one.

Who knows what tomorrow brings.  My new resolution has to be to avoid trading Crude.  I get greedy, leave it open with no stops and end up losing.  I lost today after dicking around - an idiot trade. My next week's resolution is to stop trading like a tit - its going to cost me dearly otherwise!

If you want to add comments / ask questions, feel free to post here or drop me a line at ali.rees@gmail.com

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