The world's first daytrading weblog in real time - about trading in Ericsson class B shares on the Stockholm Stock Exchange - where the focus is on the actual trading, nothing else.
Friday, December 9, 2011
Update and closing the trade
Not sure we will see so much more decline in ERIC today. Entered the short position at 67.75 and then the price went up a little just before it bottomed at 67.20. I just closed the position at 67.55.
Thursday, December 8, 2011
Wednesday, December 7, 2011
Today summarized
Today I was looking for a profit on the short side. Was .1 SEK from hitting my order to buy at 69.3, but the good old ERIC turned around at 69.40. I covered the short position at the closing price 70.35 resulting in a minor loss. Time for some good ones now as the trading has been somewhat weak lately.
Tuesday, December 6, 2011
No position
No position today and I believe that was a good thing since no movements normally means no or negative cash for me. Let's hope for a big one tomorrow.
Ciao
Ciao
Calm Tuesday
Our Tuesday in ERIC has been calm so far. Will we see more action during the last trading hours? I will short if we see ERIC at 69.75 again.
Monday, December 5, 2011
Update
Trying to close the position as close to 0 as possible. I will probably wait until the closing bell.
Chart reading
ERIC is hesitating a bit whether it should continue down or bottom out here and start it's journey northbound.
Monday morning
Dear followers,
after one week away from trading I hereby declare that today is once again trading day. More info soon.
after one week away from trading I hereby declare that today is once again trading day. More info soon.
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