Monday, January 22, 2007

Just a few trades

The market sold off fast this morning. I did not want to chase the stocks down so I just waited. I just caught two small scalps and made $55 today.

1 comment:

Flatwallet said...

Today was quite possibly one of the shittier days in a while. None of my strategies did well. A profit above $1 for the day would have been nice for me.

About Me

I have been trading for 5 years. It took close to a year before I became profitable. I find that I am improving gradually each year. My method of choice is scalping. My edge lies in tape reading NYSE stocks and staying on the side of the specialist. That is the method I learned when I started. As I build up my capital I will try new styles and trade new markets. In late 2006 my trading hit a rough patch after the introduction of the NYSE Hybrid system. For most of 2007, I have been on a search for new strategies that would help me adapt to the market.