Sunday, March 1, 2009

Summary of Feb, 09


What went wrong? I made some long bets highlighted with red color from Feb 4-11 and got stopped out. It looked attempting, made me think the bottom was in. And I paid the price for it.

I feel like a fish who could not help biting the bait. Even though I escaped, I got hurt badly. Conclusion: there are lots of fake bottoming process in a bear market, I would rather being late than wrong. Looking at those trades, all losses. If I ignored the long signals, only focused on short ones, my performance would have been much better this month.

Overall, the newsletter's picks are up almost 5% or $15.85 so far this year.

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