Monday, 11 March 2013

Investment journal 11/Mar/2013

  • Securities available to trade: stocks, stock indices (even the index is a bit over risky)
  • Have a set of rules before the trading
  • Bill O'neil's approach is interesting, although I hate technical analysis. I think the profession has leaned against fundamentals significantly
  • Volume is important, need to look into that closely.
  • Not a very good short-term trader, not smart enough to gauge macro movement, at least for now
  • Short-term movement is either random, or subject to in-depth technical analysis
  • Over-trading is never a good strategy
  • Don't worry about the opportunity cost, there are always opportunities coming ahead
  • A trade before sleep, short Nikkei, I think the index rallies on the easing, however, the news has already priced in, so this rally is overshooting in my opinion

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