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Daily Recap - May 14, 2008

Okay.. someone explain to me what the heck just happened.  Here’s a 1 minute chart of the Q’s.

Around 2:30 (yes, that 2:30 reversal period), the Qs and the rest of the market went right down the toilet.  I think the bears were mocking the bulls and were loading up just to give them some false […]

Daily Recap - March 13, 2008

Daily Recap - March 13, 2008

Another day in the books and another recap to be had.  Quick and dirty since I’m at work today, unfortunately.
Trades Taken

1xNQ

Profit / Loss for the Day: $145
Profit / Loss Open: $115
Another good day.  Slowly but surely I’m getting my bearings.  The next step is to develop my own stock scans.  If any of you have […]

Daily Recap - May 12, 2008

Overall, while still another loss, it wasn’t a bad day.  Once again, however, tight stops on futures got the best of me.  It’s a work in progress though.  Once I refine my futures trading skills, I’ll be able to post more consistent profits.  I did notice around lunch time trading in a zone somewhat.  Remember […]

Daily Recap and Status - May 9, 2008

The action today was anemic.  Now I understand what folks like Dinosaur Trader and others complain about when the markets behave like today.  It also didn’t help that oil reached a record $126.22ish at its high.  Visa took another hit today, down another 4 points.  It’s reaching my entry/exit target of ~$81.  My feeling is […]

Daily Recap and Status - May 7, 2008

Another rough day and once again it’s inexperience that causes me so much pain.  Today additional funds were deposited into my account, finally giving me access to futures trading.  My first NQ futures trade was successful, no matter how small the victory.  Subsequent attempts at trading the NQs resulted in failure.
Trades taken:  5 x NQ
P/L: […]