February 07, 2006

Today's Trades

Today was even better than yesterday. I am now profitable. It wouldn't have been so good but I luckily caught FWLT at the end of the day:

After I closed out the position and went on my walk, I thought, "hmm, maybe I should have only covered half and let the rest run." It would have cost me. I've learned a lesson - take the money and run!
The stop was placed above the previous bar, for an R=$0.25. So this was a 9R winner. I am trying to make only four trades, but again today I made six. And the last one was my biggest winner. I shorted SWN, PAAS and JCOM for small profits and was stopped out of shorts on NTRI and BMHC.
Both FWLT and ISRG are on the top 100 alpha list and that is where I noticed them. I put them on my short list because they were trading weak the day before.
Take the money and run!

Comments

atta boy ugly, keep up the good work!

Posted by: dan at February 7, 2006 06:24 PM


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