'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

Might as well put sell limit at target 11300 again...same scenario with the first trade...
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Moving the stop to break even at 11250...
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Moving my stop to 11240...
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This time i will ride this till the close...
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Bought YM at 11250 with a stop at 11220...
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Done with my brief errands...looks like there is another chance to trade the YM...i'm watching...
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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...
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