Tuesday, December 1, 2009

Monday Wrapup (11/30) - $452 gain

Fairly solid day of trading especially considering how choppy the action was for most of the day.  No bonehead trades and kept my stoploss in place at all times.

Missed a couple of entries, one which hit my limit order but didn't fill and then proceeded straight down. 

Took a pullback long at 10:45 when it appeared we'd easily challenge the overnight highs.  Kept my stop in place and was stopped out within a few mins.  Remember thinking at the time how nice it was not to be stuck in a long trade as the market dragged lower.  Too many times have I moved my stop only to find myself stuck in a losing, outlier trade.  In this instance I took the loss and moved on to the next trade idea.

Let's keep the focus and have a solid week.

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