Friday, February 5, 2010
I made a couple of daytrades this past week or two. The first entry was correct, went to my goal, I held longer than I should have but still ended up with a profit. Another today I played an initial bounce off the bottom for .5% move. I closed out a trade prior it reaching my predetermined stop loss as I viewed it as high probability of reaching that loss point and it did. I justify this as saying it was a higher risk entry and went down through a key price point. I have one stock right now that looks good, added to it and will add more if and when price goes up.
Posted by nursebee at 4:29 PM