My Daytrading Method

target removed. close at eod.

 

Exit: 1315.75

 

Range for 3/21/06.

1315.25-1316.25

Today will probably be a trend day.

 

Sold 1315.75, Stop 1319.75.

There is a huge resistance at 1317-1318 range.

 

Stopped Out

Buy-Limit 18.25, stop 14.25

 

Executed. Back to paper-trading if stopped out again.

 

Target: 24.25

 

What is your expected win / loss %? Is your plan to be profitable from a few large winners, or from more but smaller ones? Your approach seem to be trend following ...

 

Spanking at its best. Stopped again.

 

You're not alone...... I'm done for the day.