Friday, February 22, 2008
Here is the updated positions. In addition to the limited out trades, I am currently sitting on $254 of unrealized profits. All of the stop adjustments in yellow are very tempting to get out and take the profits as it got so close to the limit target and are showing some signs of pull back. I will look to place more trades on Monday morning, possibly pre market open.
Though it has been win a little lose a little win a little more lose a little more, I am very content with the results so far. It has been a rough market of sudden swings and changes. The fact I am up slightly taking so many intra-day scalps makes during a volatile market give me confidence when we see some directional days we should makes some good, solid returns.
Thursday, February 21, 2008
Wednesday, February 20, 2008
Just got back from NY late last night. To catch you up on the scalping methodology, we had some winners and some losers and we are back to about break even, rather than trying to catch up 5 trading days and 60 trades, we will start again with tonights. All of these are market orders to get us going. Just look at the hourly charts from roll over to determine that you haven't moved too far from the daily roll over rate.