Trading is easy ,if you know how to keep it simple.
Friday, May 2, 2008
4 trades
There was nothing great about today. I made 4 trades; all of them came from my short list. SUN was the biggest winner of the day. Hope you guys had a great day.
Interesting way to set your stop on SUN trade. The pattern way a little choppy between 10:15 and 11:10. I would have set my stop just a little lower (45.78). Nice volume contraction 11:05 and 11:10 NRB.
Nice blog PRD... one of the best day trading blog. Continue your good work
Ty David,my entry was in the middle of the candle,thats why my stop was the low of that entry candle.u r right in a choppy day or in a choppy stock bigger stop works better,then the stop had to be the low of the consolidation,but that was too wide for me.
There was nothing great about today. I made 4 trades; all of them came from my short list. SUN was the biggest winner of the day. Hope you guys had a great day.
4 comments:
hello my friend, from Blue ( from India)
hi blue, how r u?whats u doing?we missied u,see u soon.
Interesting way to set your stop on SUN trade. The pattern way a little choppy between 10:15 and 11:10. I would have set my stop just a little lower (45.78). Nice volume contraction 11:05 and 11:10 NRB.
Nice blog PRD... one of the best day trading blog. Continue your good work
Ty David,my entry was in the middle of the candle,thats why my stop was the low of that entry candle.u r right in a choppy day or in a choppy stock bigger stop works better,then the stop had to be the low of the consolidation,but that was too wide for me.
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