Friday, May 09, 2008

Daily Summary

Wednesday
6600 shares
+237

Thursday
13600 shares
+18

Today
5800 shares
+263

I had a good week last week, but this week I find myself trading defensively again. This has helped me some what because I am very skeptical about most of the moves. I kept my focus on stocks with earnings and stayed away from trading other stuff. I haven't had much success trading them for the last month or two.
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4 comments:

Dinosaur Trader said...

Hey, hope everything is cool there after your quake...

-DT

10:59 PM
OBAT said...

The quake shook me out of bed. Felt like it went on for more than 30 seconds. If it went on any longer I would have to run out of the house in my underwear. Every thing is cool.

12:29 AM
Anonymous said...

Pretty good returns , whats your irr?

1:08 AM
OBAT said...

What does irr stand for?

12:22 PM

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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.