Great day. Caught some early upside action on RHAT and NGAS before it nosedived. Solid up on reversal of market at 11:45 EST. Good day/Bad week - but I am fighting back into the black!!!
caught some nice fills on the open. hoping to add to it once I can ditch this stupid 10 share position... ~2200$ mnx
Traded real tentatively today. Think ill call it a day since I was not really even in the mood to trade. Trading was very cautious and deliberate, no hammering keys today, very light volume and good conviction in positions. Nice gross relative to rebates, gotta work a lot more on making quality trades rather then quantity trades. Think ill read R Of A Stock Operator and get back to the basics this weekend. Have a great weekend gang!!!! TachyonTrader
Doing better since adding more buying power. I wouldn't take small profits before because I would still be a net looser after commissions. Now those small profits can still net me $100 or so. Also working with a mentor a couple days a week so it's going good.
+332 Sloppy trading. I fumbled on entry and exit. Also, premature exits. It's Friday and I'm feeling risk averse. The systems will dictate the EOD. I didn't create enough padding to ensure a + EOD if all the systems are losers today.
This is just slightly off topic but I would like the help of the liquidity guys. I was reading the TI blog, and they made a set up for liquidity and rebates. My question is does it make sense. I have been thinking about doing another account on the side just to make markets sort of, and since I use TI am trying to figure out if I am going in right direction. Answer here or PM me if you want either way thanks. This is the link from their blog. http://www.marketmovers.blogspot.com/
Please PM Diamondtrim if you would like to discuss rebate trading (or start a thread in the Strategy Trading forum). This thread is massive and I want to keep it lean 'n mean on trading blotters, not divert into strategy discussions. Thanks.
Pretty good day today although I missed sooooo many trades due to the lack of direction from the S&P. I was ready to punch and then it would just swipe the whole level. Oh well. Beat my "Friday Curse"