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

Wednesday, September 29, 2010

September 29


I am swimming in administrative work for the day-job then have to prep for a celebration dinner for a friend so I don't have time to comment on todays paper-trading.

Suffice to say that all three were clean trades (no averaged/blended prices).

More comment later if I have time.

Monday, September 27, 2010

September 27


With two hours left in the session, I looked for paper trading opportunities in TNA. I was early on my read of a breakdown of the markets near the highs of the day but held through the consolidation and rollover. Closed it out at a support area corresponding to the doji at 10:55 am. I stayed out of the consolidation chop for the next half hour, but missed the short opportunity as price broke that same important support/resist. area where I covered my earlier short. I did catch a little winner on the profit-taking pullback of the major move down.
Toward eod, I went long near where I thought price had stalled. It did dip some but instincts were correct and price performed a mean reversion in the last minutes of the day, yielding a winner (though out too soon).

Friday, September 24, 2010

September 23 & 24


The reason for today's result from the overnight held, swing paper-trade? See this morning's post. Nothing more to be said.