Monday, November 13, 2006

Today's Trades: AAPL and BOOM, and Trading Therapy Link

I made two trades today, both from the watchlist I posted last night:

Long 300 shares of AAPL at $83.10.

Short 400 shares BOOM at $30.18.

I'll go into more depth tonight. It's not hard to tell from looking at the charts that AAPL is a winner right now and BOOM is a broken stock.

As many of you know, I firmly believe that trading psychology is as vital to a trader's arsenal as understanding charts and technical analysis. Here is a nice three part series detailing therapy techniques by Dr. Brett Steenbarger.

Part 1
Part 2
Part 3

1 comment:

Anonymous said...

How did you choose AAPL today? Is it based on news or chart setup? Can you please explain your setup with chart?