I found a few minutes this afternoon away from the day-job to actually paper-trade; from 2:30 to 2:53 pm. I had 6 winners out of 7 trades; a gain of $1.24 per share total on an 86% success rate. The first trade of the day was a nasty loss but I came back with 6 straight winners before going back to the admin work which actually helps pay the bills.
All trades on SKF
Long for a 1.38 loss
Short for a gain of .28 cents
Long for a gain of .10 cents
Long for a gain of .55 cents
Short for a gain of .79 cents
Long for a gain of .23 cents
Long for a gain of .67 cents at 14:53
Wednesday, February 11, 2009
Watching the markets but not placing trades as yet. Mostly doing day-job admin work and taking customer calls. I have a day-job appointment later today.
I rediscovered this on my favorites list and thought I'd post it for those who haven't seen it. Simple and to the point for beginners searching for a trading style or a favorite set-up to master:
www.trading-naked.com/Setups.htm
I rediscovered this on my favorites list and thought I'd post it for those who haven't seen it. Simple and to the point for beginners searching for a trading style or a favorite set-up to master:
www.trading-naked.com/Setups.htm
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