"A man is not finished when he is defeated. He is finished when he quits."

Tuesday, April 3, 2012

2 nd trade






I didn't get any of the down move, but I have 42 cents of gain as I write this. Normally this is a great place to scalp a quick 40 cent gain but I am forced by my pledge to stay in and simply PRETEND to take a gain; then stop out later if necessary.


As I type this, price has dipped back down below my entry but is rising again. Had I scalped that gain, here would be a great place to go long again and wait to see if there is a slower reversion back up to the mean.

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