Wednesday, September 10, 2008

Struggled with losses the entire day

I find it hard to trade these choppy up trends. I gave back all my gains from yesterday trading in this chop. When can I learn to stand aside?

1 comment:

INTERNATIONAL DAYTRADER said...

hang in there obata, once the market shows more followthrough , you will make up for the choppy days

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.