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

Wednesday, December 7, 2011

Moved the stop to 12100...
Putting sell limit at 12131...
Moved the stop to 12080...
Trade is gaining ground, looking to exit at 12130...let's see if it will work...
A pattern like this usually breaks out till the conclusion of the market, let's see if it will...just bought one contract at 12090...

By Barry Ritholtz - December 7th, 2011, 10:30AM
A friend sends this quote, which I really like but have been unable to verify:

“Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world.”-Jim Trotter
Can any one confirm that is a real quote by Mr. Trotter?
Bought YM at 12090 with stop at 12060...