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
Friday, April 25, 2008
lucky , got out 409 profits on the edge - now probation
was down over 5 k at one point , stopp out !!!! dumb trade , otherwise got good profits , stop falling on my face !!! probation 15 k max ,per share, 100share lots if can do 1786 for the week ok , keep it up
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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