WAIT FOR THE RIGHT TIME AND THEN HIT THE ENTRY . -CAREFULL- Max loss -500/day then shutdown .15 k max per size - use other stocks to bring bad one out of the hole .Discipline and consistency . Target to start averaging 200 USD /day = 1 k week . blogging to persist my control and avoid embarrasment of stupid trade/ risk control
Wednesday, April 16, 2008
16 APRIL
SHORTS JOYG KLAC, UP 33 MARKET AT highs 11am 12 AM UP 61 , TOOK FSCX LONG 500 COVERED WAS DOWN UP 149 5000 SHARES
TYPE OF MARKET , CURRENT NEWS , TRADING TYPE FOR MARKET CONDITIONS
MAY 1 EARNINGS SEASON , MARKETS SHOWING SOME RECOVERY/UPTREND - WAIT FOR CONSENSUS , MAY HAVE REVERSALPLAY LIGHT AND TIGHT , SMALL CLIPS TILL MARKET SHOWS FOLLOWTHROUGH
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