It seems I forgot how to trade after taking a brief break. I feel am torn between two emotions. I want to make some money yet I fear losing. Even though I traded with 100 share positions, I had some big hits when I hesitated on cutting losers.
- 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.