Back to Blogging! Back to Trading!?

YES, YES, YES!!! I am back to Trading and back to blogging at my Trading Mom site.

NO, I didn’t lose all my money, nor I lost interest in Trading.

I had a real excuse for disappearing for a while – I had one more baby. Ariela was born in November of 2008, and now I am a proud Mom of three kids: Brian – 5 y.o., Connor 2 y.o. and Ariela – 5 months old.

My last blog post was back in October of 2008. Since that time, there were many instances when I wanted to trade and blog, but I had to adjust to reality – being in charge of three kids, involved in Real Estate and helping my husband in his business, didn’t leave much time or energy to do either. Adding any trading on top of it was simply overambitious and I had to remind myself constantly of not getting emotionally affected by missing opportunities.

Finally, it all broke lose yesterday, when I loged in to my trading account and realized that market has been going up for over 2 months and now started to turn down again. There were so many instances when I didn’t follow my own advice and missed a ton of quick profit, that I immediately recalled my e-mail exchange with one of my Real Estate clients:

On Tue, Mar 3, 2009 at 9:40 AM, JOHN …. wrote:

ANJELINA,

Help! When is the bottom coming? What do your charts tell you oh wise one?

John
_____________________________________________________________
On Tue, Mar 3, 2009 at 10:09 AM, Anjelina Belakovskaia wrote:

Hey, John!

What’s up? Are you stuck in the market? I thought you got out. What exactly would you like to know? If charts are correct, DJIA has to hit 4,000 – the previous resistance. However, it looks like it is currently at the end of its 3-rd down leg of the 2nd Elliot wave -http://tradingmom.com/unnoticed-elliot-wave/. This means it might go a little bit up before it goes way down. But who knows, the market is crazy right now.

What are your thoughts?

Anjelina

The market (DJIA) hit its bottom on March 6 at 6,470.1 and went up for the next two months to reach 8,587.2 on May 8th. Why didn’t I buy anything? Who knows?

Goldman Sachs Group, Inc. (GS) went up from $72.78 to $141.56. = 94.5% return on investment.
Morgan Stanley (MS) went up from $16.12 to $29.05 = 80.2% ROI.
Borders Group, Inc. (BGP) went up from $0.39 to $3.43 = 779.5% ROI.
MGM MIRAGE (MGM) went up from $1.81 to $14.01 = 674% ROI.
Apple Inc. (AAPL) went up from $82.33 to $130.22 = 58.2% ROI.
Royal Caribbean Cr (RCL) went up from $5.40 to $17.88 = 231.1% ROI.

Anyway, yesterday I realized that it might be that start of the next slide down I predicted and I didn’t want to miss everything again.

Since I didn’t have much time to analyze, I sold short only 2 stocks – American Express Company
(AXP) at $25.40 and Morgan Stanley (MS) at $26.11.

Today, I am back to blogging, as it helps me to stay on top of my trades.