Thursday, February 4, 2010

Wednesday Wrapup (2/3) - $400 gain

Putting together an impressive string of gains here! Two days in a row!

Best trade of the day was clearly the opening gap fade.  Scaled out of this one for a nice $512 gain.  And essentially lost $112 on 2 for 7 trading the rest of the day. 

We were stuck in a range all day and I just had a hard time getting anything going,. Did a good job of keeping losses small.  But I've got to kick it up a notch on staying out of a dull market. Had just watched the video below yesterday where one of the main points was only trading when you have an edge:

http://www.youtube.com/watch?v=DydWmbcfgaE&feature=player_embedded

Definitely feeling much better about the quality of my entries right now. Let's keep it going.

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