Friday, April 11, 2008

Daily Summary

7400 shares
-139

I was going to take the day off today, but I got the trading bug. I traded small with 100-200 shares positions but still managed to lose over $110. I did not catch any moves, just a lot of small losers that added up.

2 comments:

Charls King said...

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The Average Jay said...

Hi Obatrader. I had a pretty good day. I hit the low of the day on my CC short. I was going to take the day off too, but I got the bug also. Thanks for the link I check in with you everyday.

Jay

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.