Wednesday, November 18, 2009


I took big losses in TBUS and CSR recently..  CSGH has also been failing.

 What did I do wrong?

 I bought weak charts.  How often do I get sucked into buying a stock going down?  TBUS guided lower and the charts were showing that way before the PR.  The charts matter.  They provide the REAL story.  And when the chart cracks -- you need to get out.

 I have been through this before.  As a swing trader.  You live and die through strong charts.  Don't trust anything else.  And always know the maximum amount you will lose.

 Giving away profits -- big profits -- is just not worth the education anymore.  Lesson learned.

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