ZenKimchi Exploring Korean food since 2004 2017-01-20T02:57:42Z http://zenkimchi.com/feed/atom/ WordPress https://i2.wp.com/zenkimchi.com/wp-content/uploads/2015/11/cropped-ZK_Logo_app_512.png?fit=32%2C32 ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: $2,459.99 Made some profit [$83.30(3.5%), YTD +$137.15 (5.9%)]]]> http://zenkimchi.com/?p=49924 2017-01-20T02:57:42Z 2017-01-19T16:21:55Z $2,459.99

Positions

None

Actions

Actn  Shr  SYMB  Price  Type  Price 
 Buy 760 DELT 1.55 limit 1,187.99
Sell 760 DELT 1.65 limit 1,243.98
Sell 2290 PLX 0.501 stop limit 1,590.59

What happened

  • Entered DELT on its rise up after Bilo mentioned it
  • Exited as it went down for some profit
  • Got stopped out of PLX for some profit

What I should have done

  • Catch the bear shift in DELT earlier

What I learned

  • Note that when there’s a round number (1.00, 2.00) on the resistance side, it’s a good place to take profit

PREMARKET

I tried a new research strategy. I checked the Heat Map on Stock Twits for the most talked about stocks recently. I also checked Google Finance to find which sectors were trending, so I could narrow it down.

MARKET ACTION

My holding on PLX gapped up and went up strongly. Soon after the opening bell, Bilo mentioned DELT. Since I had some good fortune with him mentioning PLX yesterday, I checked it out. Strong volume. Steady classic patterns on the chart. Catalyst was news. I watched the flag patterns and got in well at 1.55. I soon put in some Stop Limits a little below my buying price at the previous support levels. But it rose so steadily that I’ve moved the Stop Limit above my buy price because the support is much higher now. Man, I ate some serious humble pie last week, and I’m not cheering my stocks on StockTwits and Twitter. Just being quiet and watching. Just to have a good day to take home profit would be NICE!

Made some profit. I caught the bearish trend change in DELT and sold at 1.65. A WHOPPING $55.99!

Hey, it’s something.

As I was typing this, I got stopped out of PLX as well.

POST-MORTEM

I needed a couple of decent runs like that. They weren’t super profitable on the dollar side, but I feel more in control than I did before. I should have caught that bearish trend sooner on DELT. I drew support lines lower and hadn’t drawn the new higher support lines. If I got two candlestick confirmations that the support had been broken, I should have gotten out. This was similar to the day I made over 20%, but on that day I got out just in time.

Next morning…

I saw that DELT had an afternoon rally and is at 1.75. I sold at 1.65. Nonetheless, I’m happy I made profit on it and left. It’s like a good break up with a girlfriend you remember well. You’re happy she’s doing well in her life without you. Good on her.

I checked the charts of the other stocks under my Watch List last night. It looks like there may be something there in my scouting through the StockTwits chat boards, finding which stocks are trending in social activity. That said, the stocks I had starred as most likely candidates didn’t do well. The ones with the highest jump in activity did well. Fonsie Trader, who I’ve followed on Twitter since my October accident, is officially off my list now. Almost everything he posts plummets or stagnates. His predictions rarely come to fruition.

With the day trader rule, this is just going so slowly. I have to wait three business days before trading again. I’ve been researching, and I’m considering opening a Suretrader account. It will let me trade more often on a <$25,000 account. I’ve looked at their fees. Their commissions are lower than Ameritrade ($6.95 as of this writing). You have to pay a monthly fee for their software. The other perks they offer I already get through my ThinkOrSwim platform at Ameritrade. I’m rolling this in my head. If my account reaches the $3,000 level, I’m going to withdraw at least some of it to open a Suretrader account.

 

]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: Carefully treading $2,376.69 [1 Day +$1.46 (0.06%)]]]> http://zenkimchi.com/?p=49915 2017-01-19T14:08:01Z 2017-01-19T01:53:27Z $2,376.69

Positions

Shr  SYMB  Price  Pct $ change 
2290 PLX  0.485 5.43 0.025

Actions

Actn  Shr  SYMB  Price  Type  Total
Buy 2290 PLX 0.4800 limit 1,109.19

What happened

  • Watched a few stocks, looking for a good place to jump in. Almost got in too early on some losers.
  • Decided to just wait to see what Bilo had in mind
  • When he said PLX looked interesting, I looked at the chart and the action. I got in at 0.48. Bilo later made an official alert that he got in at 0.47.
  • After watching a bit, I put in a stop limit for safety near the lowest support level and went to bed.

What I should have done

  • If anything, maybe I could have waited for Bilo to give the official alert, so I could get in at 0.47, but I don’t think that was a big deal.

What I learned

  • I’m getting better at spotting patterns.
  • Some of the stock gurus I’ve been following have not been good, compared to Bilo.
  • Ross Cameron picks out great charts.

Licking my wounds

PREMARKET

I had a weekend, a holiday, and still and extra day for my cash to clear before I could trade again. It gave me time to think and study. Today, I had some cash available to trade, and I did my research. I couldn’t find much that looked good to me technically.

MARKET ACTION

I almost pulled the trigger on DCTH. My earlier self would have done it. But I didn’t like the pattern I was seeing. Sure ’nuff, it plummeted straight outta the gate. On Twitter, Ross Cameron, whose training videos I had been watching lately, made a few good suggestions. The charts he picks have the perfectly predictable patterns. He predicted it correctly, that it would shoot after it hit 3.00. I watched it hover around 2.98. Then it hit 3.00 and BOOM! I was tempted to take that one, but I was too slow. My Icarus moment last week left me much more reticent. It saved me from getting into DCTH. In the meantime, I watched one of Bilo’s suggestions from last week jump up over 100% today. I’ve been following a handful of traders and watching their strategies. Bilo seems more my pace. He holds his positions for a while. Ross Cameron is a “twitch” trader. It’s not an insult. I admire it. I’m just not at that level. It’s like the type of gamer you are. Twitch gamers are the ones that can place fast-paced multiplayer first person shooters–games that require lightning reflexes. I’m a person who does best in games like Civilization, where I can plan out my moves.

So I’m in on PLX. Bilo said it looked interesting. I checked the charts from 1 year to today. There’s not much volume, but it looked okay. I watched for a bit and then got in. A few minutes later, Bilo sent out an alert that he just bought shares in PLX at close to the same price I bought it. So far, it’s looking good. I’m going to put a safe stop limit on it and go to bed. I’ll see how it looks in the morning.

POST-MORTEM

I’m still in the game. I’m in the green zone, and it looks like there was increase volume and price at the end of day and after market.

Last week, one of Bilo’s few picks was APRI. I watched it do nothing and even sink this whole week. Then last night, it jumped 130%. Bilo seems to do the type of trading I’m comfortable with. He doesn’t always dip in and out. He’ll hold his positions a bit to see what he can squeeze out of them. Where a lot of other traders are surfing waves near the edge of the beach, Bilo is looking for big ones deeper in the water.

]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: New Rule–2 o’clock Trailing Stop]]> http://zenkimchi.com/?p=49904 2017-01-14T03:28:29Z 2017-01-14T03:26:33Z Last night I didn’t get to bed until 5 a.m. I also noticed that if I had just left things alone to what I originally planned without getting greedy, I would have profited more. I went back and checked all my previous trades. The majority of them, I figured this. If I saw which direction they were going, I could have put in some trailing stops and some safeties and have gone to bed. Now that I’m starting to enter trades with a cooler head, my next step is to learn to exit trades with the same coolness.

Discipline.

Chart analysis. News and social media analysis. Fundamentals analysis. Those work great. I’m finding in my readings that psychology is really what makes and breaks success.

Discipline.

I have gotten better at reading indicators. Last night, I misread one indicator, and that hurt me. I was even mocked on Twitter for that. But I’m a longtime blogger. I’m used to being mocked and trolled. I also made a technical error in the system, which made me lose more. I thought the trade had gone through, but it was cancelled.

So I also need to practice with the system more to make sure I don’t make mistakes in my trade triggers before going to bed. If I hadn’t caught last night’s error, I really would have been in trouble. I checked this morning, and it seriously fell after I exited. I’ve been lucky so far. I’ve gotten out of trades like Indiana Jones escaping the temple, grabbing my hat right before the stone door shuts. Sometimes I escape with the idol. Sometimes I’m lucky to at least have my hat.

If I’m staying up past 1 or 2, then I’m letting my emotions take over. Yeah, Friday night I planned to stay up anyway with a bottle of wine. It was fun. I really was fun, even though I saw most of my gains fall away. But I am still in the black. I still have more money than I did when I started this whole thing. I can do it again, and I’m much smarter now. It’s also small money. I can always reload the account later if a huge disaster happens. This is play money.

The most difficult discipline to master is resisting your loss aversion urge. We are more emotional when we lose things than when we gain things. So we stay in a losing trade, hoping our losses will return. I need to work more on my gain satisfaction. I need to be happy with what little I get and get out.

]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: 20% Plan]]> http://zenkimchi.com/?p=49892 2017-01-13T17:26:03Z 2017-01-13T17:26:03Z I’m trying something a little ambitious with this. I have a target to gain 20% per week. Compounded that can get pretty big.

And off of just $2,200.

Start End
$2,200.00 $2,640.00
$2,640.00 $3,168.00
$3,168.00 $3,801.60
$3,801.60 $4,561.92
$4,561.92 $5,474.30
$5,474.30 $6,569.16
$6,569.16 $7,883.00
$7,883.00 $9,459.60
$9,459.60 $11,351.52
$11,351.52 $13,621.82
$13,621.82 $16,346.18
$16,346.18 $19,615.42
$19,615.42 $23,538.51
$23,538.51 $28,246.21
$28,246.21 $33,895.45
$33,895.45 $40,674.54
$40,674.54 $48,809.44
$48,809.44 $58,571.33
$58,571.33 $70,285.60
$70,285.60 $84,342.72
$84,342.72 $101,211.26
$101,211.26 $121,453.52
$121,453.52 $145,744.22
$145,744.22 $174,893.06
$174,893.06 $209,871.68
$209,871.68 $251,846.01

It’s stupidly ambitious. I don’t feel too pressured to reach the goal each week, though. I mean, for someone who’s never fully pushed the $50,000/year salary mark by age 42, I have no complaints about having $100,000 by August instead of June.

In my spreadsheet, I have this original list and another one where I adjust it to what I really make each week. By having these goals and this focus, it keeps me, well, focused. I’m less likely to be stupid. I’m more likely to be disciplined. Once I hit my 20% goal, I can slack off and put in a stop limit. If I go over, then it gives me breathing room for the next week. If I’m under then I’m under.

I also plan to start taking some of my profits in the next couple of months for family expenses and for my tour business–which will in turn bring back more profits.

See? There’s a plan thar!

]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: Ah well, let’s try it again $2,375.23 [1 Day -667.47 (22%)] [YTD +92.34 (1.27%)]]]> http://zenkimchi.com/?p=49890 2017-01-19T01:56:51Z 2017-01-13T17:19:27Z $2,375.23

Positions

None

Actions

Actn  Shr  SYMB  Price  Type  Price 
 Buy 1120 TBIO 1.25 limit 1409.99
 Sell 2172 TBIO  1.073 market 2330.56

What happened

  • Calm. Zen.
  • As predicted, the market fell. It fell really hard. It actually triggered my safety. I had set up a trigger to put a limit order close to the price I bought at if it got low enough. I made sure to cancel that order because I knew it had support and would go back up.
  • And yes, it did. The bullish morning trend was more intense this morning.
  • Bought 1120 more shares at 1.25. Just above the day’s low.
  • I watched indicators. The two that were most reliable were the auto trend recognizers (a feature of Think or Swim) and Parabolic SAR. A bullish trend marker popped up. It gave me a better idea of what price to enter at. The Parabolic SAR was still pressuring down, but it was tapering, about to go bullish. So I put in an order at 1.25. It filled. Then I watched it drop -0.02 and bounce back up. Just like Han Solo slapping the Millennium Falcon.
  • It looks like it was going to break out, but then it plummeted. I got out just in time.
  • NO I DIDN’T!!!! While I was typing this, I went to check the numbers, and it showed that the order was cancelled. I don’t know why. I think it may be because I hadn’t cancelled another order. So it plummeted even more before I could get out.

What I should have done

  • Eh, I did pretty well. I think I should have stuck to my initial exits. DON’T BE GREEDY.
  • Cancelled all other orders before getting out.

What I learned

  • StockTwits
  • Take your profits when you can. This sounds so easy, but it’s so hard to stay true to.
  • StockTwits loves to hype things, but it’s fun.
  • Put your stop limit above the price you bought your highest stock in.
  • Check your outstanding orders before getting out.

Licking my wounds

PREMARKET

Yes, I’m new to this. Well, everything has changed since I last dabbled. I’ve added StockTwits to the social channels I follow. Getting used to the rhythm and style of this one. They and Twitter are predicting that TBIO will go past $2.00, maybe even $2.50. My plan is to stay in. I’m still going to put in a stop just below the closing price from yesterday. Just in case. If the rest of my funds from my CALA trade get liquid (available to trade) today, I’ll put more into TBIO if there are any dips–while keeping track of the charts and social signals. Yesterday again proved the power of using streaming social media as a tool. I would have lost money yesterday by getting out early if I hadn’t found so many overwhelming positive signals on Twitter. High positive Twitter volume. I’m always negative when reading these, though. Healthy skepticism. I put more weight into the bears than I do the bulls. And even then when the bulls so overwhelm the bears, I decide that it’s safe to stay in. Checking out the chatter on TBIO on StockTwits confirms this. I’m going to keep watching both these channels, along with Bilo Selhi. Bilo is a very stark chat room. They only mention the names of stocks. I guess that’s because it’s Google+, and people get notifications every time someone posts in there. That could be annoying if people were having idol chatter. I’ll respect that and reserve my talky posts to StockTwits.

MARKET ACTION

This time I had a few plans set up. I preset “Buy” actions at different levels (1,000 shares @1.40, 1076 shares @1.30, etc.). I’m forcing myself to be restrained. I’m trying to not touch anything until one hour into market opening. I’m at least waiting for the Parabolic SAR to go bullish. But if any conditions change, I’m all cocked and ready to take action.

The bullish indicator I was waiting for hit. I put in my buy order for 1.25.

I feel like I’m getting the hang of this a little better. I’m able to calm down. I can predict when the trends are coming better. If it starts going down, I’m not as stressed as I was before. In fact, I was able to take a break and hang out with my girls until they went to sleep. Right now, I’m just chilling during the lunch lull. Thinking of even catching an episode of Star Wars Rebels.

I’ve almost hit my 20% weekly mark. This week it’s $3,168.00

Yep, hit it. And on a downtrend, no less.

OMG, it’s really plummeting.

PHEW!!

If I had a day trading account I would have gotten out sooner. But I’m limited in the number of trades I can make during a period of time. So I have to be really sure if I really want to get out because I can’t get back in for a few more days.

Okay, that was a technical fuck up. Yeah, I still got out just in good time before it all went to hell. Practice, practice, practice. To put things into perspective, the whole market wasn’t doing well today. TBIO was the only one making gains until that very end.

POST-MORTEM

This is my first burn in chart analytics. I had two patterns indicating it was going to break out, and it didn’t. I got out just in time. Again, EXIT KING! It’s still plummeting as I type. I actually got away by the skin of my teeth. Yes, my position is lower than it was yesterday, but it coulda been worse. I’m still higher than I was a couple weeks ago. I’m below my 20% goal, but MEH!

What I got out of this was a better organized Zen state. I didn’t let shit get to me. Actually, if I had put this one trigger in correctly, I would have gotten out sooner. I tried to sell more shares than I had, so it cancelled my order.

Well, well, well!

Back to where we started. Let’s try this again.

]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: Fell for a Pump & Dump $3,042.70 +484.46 (19%)]]> http://zenkimchi.com/?p=49881 2017-01-13T17:27:34Z 2017-01-12T18:53:18Z $3,042.70

Positions

Shr  SYMB  Price  Pct $ change 
1052 TBIO  1.51  46.60%  504.96

Actions

Actn  Shr  SYMB  Price  Type  Price 
Buy 1052 TBIO 1.03 stop limit 1093.55

What happened

  • I planned to do a limit on APRI at 1.73
  • In the chat room, I saw TBIO, and it was having some serious volume before the bell. I was afraid it would be a pump and dump.
  • I cancelled the APRI order and did an OCA on TBIO at 1.140 and APRI at 1.73
  • The Ameritrade website was crapping out. I still haven’t figured how to use Think or Swim’s more advanced trading features.
  • I saw immediately that TBIO was plummeting, and it filled my order before I could cancel it.

What I should have done

  • Anticipate that it will go down. A lot!
  • Research
  • Wait. Don’t buy before the market opens.

What I learned

  • Use the damn indicators on Think or Swim
  • RESEARCH!! Twitter!
  • Buy on dips
  • Don’t buy before market opens
  • Wait for one of Bilo’s live calls with price.
  • If your heart is beating hard, it’s lust. Not logic.
  • Not losing your cool also means backing off and letting things unfold. I almost left the trade way too low. Glad I cooled down and waited.
  • Level II Quotes are fun to watch and gives you a look at the gears inside the engine.

Licking my wounds, checking my ego

I learned better how to use Think or Swim. I need to learn even more. The Ameritrade website is unreliable. It was sunk. I later checked Twitter, and they had warned against it. FUCKHEAD!!!!

I knew about this! I had read so much about this. And I stupidly fell for it. I didn’t research before putting in the trade.

Ohh… this was  close. I’m actually writing this as it happens. After I read that pump and dump stuff from the Tim Sykolites, I freaked out. I tried to get out at 08.500, but it wouldn’t get up there. You know what? THANK GOD I learned about Level II Quotes today. I could see who was putting in orders and where it was going. But they were staying in the 0.7500s. Wouldn’t go up. But I kept it there. I checked Twitter again, and others were anticipating that it was going to go up after the dip from low float.

I went back to look at the Level II quotes. My order for 0.8500 was right there, sticking out above all the 0.7500s. I right clicked my order. SUDDENLY!! I saw a bunch of Asks selling at .8000. Then one came up for 0.8600, higher than the price I was selling for. I quickly clicked “Cancel.”

You know, I really don’t have that much in this play. $1100, around. Even if I lose it all, I can replace it. I’ll just go long.

Seeing if it can shake out all the shorters. There’s some guy trying to sell 500 shares at 1.2000. I thought I’d join him and post a sell on 1000 shares at 1.2200. At least if it does trigger, I make a profit. I mean, when it’s down this much, and it’s not that much money anyway, just let it float in the stream.

Here we go. I think other traders are seeing that the Parabolic SAR is losing its bearishness. The Asks are all in the 0.800s now. Twitter is predicting another run after lunch. Bedtime for me. Others are going to go in long.

Broke resistance.

Parabolic SAR is bullish now. Just switched. Bilo has also stated that it’s starting to turn.

0.8500 is the next resistance. I hope it breaks through.

Okay. It’s pretty much doing nothing now. I got some other work done. I’m about to turn in for the night. The buzz on Twitter is that the market is generally down anyway today.

Lunch must be over. Two bullish signals while it just consolidates. The bids are starting to break 0.8000. It’s popped the 0.8000 hymen. Will it go for the full thrust?

Why, hello, Volume. How was lunch?

In profit territory. 😯

Hovering just under. I’m feeling much better now. Unless something weird happens and it plummets in the next two hours, it’ll be good. They’re predicting a spike in opening tomorrow. Possibly another dump and pump.

This time I’ll be ready.

3:55 a.m.

I’m out.


Next morning.

It’s like Christmas. You wake up in the morning, check your stocking. Will it be coal? No, it’s a 46% profit. It may do the same action tonight. I’m going to watch the Twitter buzz and prepare action. I have almost hit my 20%/week goal.

I’m  on out of it yet. If I get to keep even some of this I am going to say I’m very lucky. It wasn’t smarts. I was an idiot. If I waited for the dip, I’d be up over 100%.

]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: Low Volume $2,558.24 -148.04 (5.47%)]]> http://zenkimchi.com/?p=49843 2017-01-13T17:27:24Z 2017-01-12T01:24:09Z $2,558.24

Positions

None

Actions

Actn  Shr  SYMB  Price  Type  Net 
Sold 760 ITEK 1.70 stop limit (134.01)
Sold 300 CALA  4.25 stop limit (102.51)

Sold 760 ITEK @ 1.70 stop limit

What happened

  • Held over from earlier this week
  • ITEK still showed no movement, so I put a stop limit. It sold within 30 minutes.
  • Even though CALA’s charts were bullish, there was strong downside pressure today.
  • CALA had practically no volume for long periods. I could sit there and watch every. Single. Trade. There were gaps of 10 minutes between trades.

What I should have done

  • Put downside stop limit on CALA when it went positive. I would have broken even or gotten a meager profit rather than losing more.
  • Check a longer view of the charts before entering
  • Be more disciplined when entering. For both of these, I was worried about missing them, so I place my limit orders too high.

What I learned

  • Check volume before entering. Should be over 500,000/day.
  • Check longer chart
  • Evaluate if movement has lost its steam
  • Be more disciplined when entering.
  • Don’t be afraid to miss entering a trade. If you miss a trade, you lose $0. If you chase a trade, you pay a commission and all the potential downside.
  • When buying, keep around enough cash to pay for commissions.

Licking my wounds

I am more disciplined. I took losses on both. It looks like CALA may still go up, but it was quite possible it wouldn’t. Couldn’t tell with the volume. In fact, when I left, the only volume it was showing was down. It had broken the support I had for it. Rather than try to ride it through, I was disciplined and put in a stop limit. I lost money this week, but I didn’t lose all the gains from last week. I’m pretty much back where I started for the year. Haha! One consistency I’ve had with my record so far is that I’ve gotten out of trades by the skin of my teeth. None of my past trades have done well after I left them. I’m the Exit King. I got a little emotional and irrational, but less so than I have been in the past.

]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: Nowhere Land $2,706.28 -16.20 (0.60%)]]> http://zenkimchi.com/?p=49867 2017-01-13T17:27:14Z 2017-01-11T06:44:23Z $2,706.28

Positions

Shr  SYMB  Price  Pct $ change 
760 ITEK 1.75 -85.99
300 CALA  4.55 -2.49

Actions

Actn  Shr  SYMB  Price  Type  Price 
Buy 760 ITEK 1.85 limit 1,415.99

What happened

  • Bilo and Twitter buzzed a bit about ITEK.
  • I tried an OCA trigger (One Cancels Another) between two stocks
  • ITEK won the trigger

What I should have done

  • Use a lower limit when buying. They do come down, ya know. Put the limit at the support.

What I learned

  • Trade triggers are kinda fun
  • Williams %R and ADX are pretty darn good indicators
  • Stick to your limit price. It will come to you. Or you can get something else. Have them play by your rules. Don’t play by theirs.
  • OCA is a good tool to use
  • Penny stocks are sensitive to news

Licking my wounds

Note that the numbers may not fit perfectly. Sometimes I count the commission. Sometimes I don’t. This diary isn’t for accounting purposes. It’s to get in idea of my general progress (regress).

I had an OCA order set up between ITEK and PSTI. I set their target prices. ITEK hit its target price first, which cancelled the order for PSTI. I’ll use this more in the future when I have a hard time deciding between trades. I’ll just set up parameters. If one fills those parameters, it’ll fill that order. It takes a lot of the tension out of the trade. I go from being a coach to being a spectator. I’m less impulsive. I still need to stop buying things so high. In the end, it wouldn’t have mattered. PSTI didn’t do too well. I would have lost more through that trade.

I based the ITEK purchase on news, insider shares being bought, and that it was a beaten down biotech. It had a failed drug trial, and it went way down earlier. But its fundamentals are still there. It will go back up. But one news piece was of a class action lawsuit from that fall in price related to the failed drug trial. Supposedly, this is not unusual, but the market may have taken it more seriously than it should have. Penny stocks are sensitive to news. I’m wondering if technical analysis isn’t as effective with penny stocks compared to news. It just hovered between 1.70 and 1.75.

]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Coming to Seoul? Your plans aren’t complete without a full immersion food tour]]> http://zenkimchi.com/?p=49835 2017-01-11T04:58:03Z 2017-01-11T04:53:10Z

Let’s be honest.

Compared to its neighbors, Seoul’s sights are fine but are dwarfed. What makes world travelers come to Seoul and return is its culture.

Its nightlife.

Yet it’s hard to navigate if you’re new to the area. Some restaurants and drinking spots don’t even accept single diners. A lot of the restaurants promoted by tourism entities are just that–tourist restaurants. You won’t find many locals eating there. Trip Advisor ranks taco and pizza joints because of the Great Wall of Intimidation in Korean restaurants. God forbid if you find yourself being suckered into standing in line at Myeong-dong Gyoza. And the Michelin Guide?

HA!

That’s why I started Korea Food Tours. I got the idea for these tours my first year in Korea because the great food is lying under the surface. You gotta have an “in.” You gotta have someone who knows the ropes. I don’t want you to go through what I went through. I got frustrated with all the fluff and pabulum Korean tourism agencies and corporations were promoting on TV and to tourists. I’m like,

Fuck that!

There are reasons why some of us decide to stay here and love it. We want to show you why we love this place. You’re not going to be led through some market, grazing like a sheep. You’re going to be with a group of new friends out for a good time. Full immersion.

You’re gonna be a Seoulite for a night.

(Actually, even Koreans take our tours and have been impressed.)

Just take a look at what we have to offer. We do recommend booking early in your stay so that our guides can give you the scoop on other places to eat and see during your stay.

BOOK NOW ]]>
0
ZenKimchi http://zenkimchi.com <![CDATA[Amateur Trader: Staggering the Trades $2,722.48 -72.48 (2.59%)]]> http://zenkimchi.com/?p=49857 2017-01-13T17:27:03Z 2017-01-10T03:21:47Z $2,722.48

Positions

Shr  SYMB  Price  Pct $ change 
300 CALA 4.35 (62.49)

Actions

Actn  Shr  SYMB  Price  Type  Amt 
BUY 300 CALA 4.525 limit 1,367.49

What happened

  • CALA was on Bilo’s alerts. He bought it Friday. I bought it Monday. He then sold it soon after I bought it. Uh, oh!
  • I used around half my cash to buy this one, not the whole kitty.

What I should have done

  • Not sure. Maybe I should have waited for another alert.

What I learned

  • It does feel safer to spread out the trades, though the $9.99 commissions sting. I lose around $20 each trade no matter what. Splitting it between two loses me $40. So I gotta go up at least $40 combined to break even.
  • Bilo’s little utterances towards the end of the day tend to do well. The thing is, I’m usually in bed by that time. Maybe I can try some aftermarket trading.

Licking my wounds

I’m starting to learn this about Bilo Selhi. Those big trades he keeps bragging about. Yes, they are mentioned in the chat room. But he mentions a good handful of trades in the chat room, sometimes with no context. Just says the stock symbol. That’s it. Then if it does well, he says, “Look what we predicted in our chat room!”

But I keep track of every little stock he mentions. Some of them he mentions went up during pre-market, after they’ve already gone up. So they just sit there a long time doing nothing and then fall. So by the time the market opens, it’s too late to get in on it.

If I had the available funds to spread around and a day trading account, this would be no problem. Since this is the early stage of a very minimal account, I gotta be more careful.

I did put a 5% trailing stop on CALA before I went to bed. It didn’t hit that, so it lives to run another day. Spreading the trade does make me feel less stressed.

]]>
0