I had a tough time today. I was down the entire day. I was trying to make a comeback and get green but it felt like I was wading through quicksand. I only found myself sinking deeper and getting mentally exhausted. There were good moves in a lot of stocks but I only saw it after the fact. I traded the wrong stocks today.
- 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.