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

Tuesday, October 4, 2011

Putting sell limit to 11520...
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Buy back YM at 10400 with stop at 10350...
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Trade failed...lost 40 points...
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Putting sell limit to 10500...
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Bought YM at 10410 with stop at 10380...
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Exited the trade at 10420...lost 20 points...bears are roaring...not a good sign...
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Bought YM at 10440 with sell stop at 10400...let see if buying at the bottom will work out...
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