'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Thursday, September 15, 2011

This time i will ride this till the close...
Bought YM at 11250 with a stop at 11220...
Done with my brief errands...looks like there is another chance to trade the YM...i'm watching...

In trading, timing is important...that's why observing the market and finding a good location to enter and exit a trade is the right way to make a gain...you don't need to emulate other traders...just form your own trading ideas...I'm done for the day...I accomplished my goal and I am set to do my errands...I hope I was able to help fellow new traders by showing my real time trading ideas...see you next on finding another trading opportunity...
Target sell got hit for a gain of 50 points, $250.00 profit...
Stop move to break even...
Put sell stop at 11300, targeting 50 points...