I made $100 in ATI from going long a break of 82. I was a bit slow and missed the shares at 82. I got in at 82.13 and 82.16. I sold 100 at 82.35 and 100 at 82.98 for a gain of $106. Right after my ATI trade I jump into 200 CRS at 61.21 and ended up losing all my gains when I got out of the nasty reversal at 60.68. I hesitated too long and had a big loss. RDC was my biggest winner. I got into 400 shares at an average of 45.08. I got out of 200 at 45.61 and 200 at 45.56 for a gain of $212. I made up to $300 in profits and then gave some back.
- 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.