The crews watchlists has become too large to manage And what looked good one day does not always look good the next
WEEKLY PRACTICE DRILL
Let's say the Captain is losing patience with the Blue GSA Green BJT Red STX and may LOWER 2 Green sails during Week #2 Total cost $50k
PRACTICE DRILL #1
Design a NEW craft EACH week-end with a budget of $50k Only Hoist and Lower sails using the Open and/or the Close when you wish and Sail on until you get tired
This is not a race as there is no finish line Not all have to participate Your normal duties onboard the HMAS INCREDULOUS always comes FIRST Any other good ideas for future Practice drills are always welcome
Salute for now
(Message edited by Captain_Chaza on August 13, 2005)
Some observations Officer Kenny has made lately when trading in mostly stocks outside the ASX100 -
1. Monday is usually up and Friday also - makes buying at the open on Friday a good idea and selling at the close on Monday also good, not necessarily the same stocks.
2. When the large sails (asx100) have a good day, the next day the smaller sails are stronger than the large sails.
3. Tuesday and Thursday are bad on average and Wednesday is mostly good.
Price is the leader of the market crowd. (Elder) Members of the crowd follow the leader and experience the same emotions as each other. To be independent of the crowd we must not change our behaviour with price.
The weekly Trading Diary offers
free multiple time frame analysis of
major market indices, identifying key
support and resistance levels and
suitable trading strategies.
Results of "Sailing Blind" Practice Drill on A-Class Sails.
AGZ ABB AII AAU ASC AMO AMM AGG ARA ASZ ARO ATO ATP AUT ASL AVU
Regards,
Officer Kenny
Price is the leader of the market crowd. (Elder) Members of the crowd follow the leader and experience the same emotions as each other. To be independent of the crowd we must not change our behaviour with price.
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