That’s what I’ve been doing since Thursday. No trades on Friday, and even though Altria was enticing, I didn’t get involved with that stock either. Good thing I didn’t because I probably would have gotten stopped out only to see it tank in the last hour. One trade I did take last week where I got sotpped out but got in again to get some profits was WAG
WAG
I got short on the break of the 6th bar, only to get stopped out by one cent. I got short again on the break of the bar that stopped me out. Net, it only gave me about 36 dollars.
My account has taken strong hits these last few weeks so I think my trading will be a bit less. If I had traded the way I normally do I would have gotten stopped a few times on CCJ today. I expect things to get good because when things are going bad, the good times are just around the corner.
September 26, 2006 at 12:26 am
Staying patient is a huge part of the game. Not easy to do when the setups aren’t as easy to find.
September 27, 2006 at 9:49 am
Definitely not an easy thing to do.