A 70k bet that I can't make a 50% gain in 2009

Easy answer to that. 2:1 r/r ratio..

I didn't even look at the chart after my entry until I saw that my target got lifted.

 

The 2:1 is what makes your strategy net profitable, but some setups look good for a better move, like that JCG did.

 

10.46

LONG NLY 17.31
STOP 17.24
TGT 17.45

 

out -0.07

 

10:09

SHORT APC 36.53
STOP 36.68
TGT 36.23

tailing on geez's add

 

11:14

SHORT DVN 62.93
STOP 63.01
TGT 62.777

 

out dvn -0.10

bad slip

 

out -0.16 slip slip

 

14:56

LONG AIG 37.12
STOP 37.04
TGT 37.28

 

moved stop to .02, got blown out of the water. out -0.13