Thursday, February 11, 2010

Thursday Wrapup (2/11) - $450 gain

More activity than yesterday and a bit more dollars to show for my efforts, but still left quite a bit on the table.  All in all 50% profitable, $169 avg gain, and $56 avg loss, so still keeping the losses small.

First sequence of the day set the table for the rest of today's trading.  Entered a long pullback at 7:30AM, and while I closed with a $112 profit, I mixed an easy exit signal a pt higher that would've also been a short entry signal.  So 30 mins later I'm sitting there with a $112 profit when I could've been up $450-550 to start the day.  Not surprisingly after this point my next 3 trades where losers, all minimal but still.

From 10:30AM on I had a decent day going 3 for 4 with profits of $538.

Missed a trade here or there, but aside from that opening sequence it was a productive day.  Would be nice to get back in the 4 digit daily profit range again, but I've got to take what the market is willing to offer.

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