I just wanna' thank for any one who were able to scan and read this learning blog.
I don't know if there are any who were able to find this blog helpful or not.
But it's just the beginning of a long journey in learning how to become a good trader.
It's a first step towards the future.
With this coming New Year, I am looking forward for a more "discipline" in trading.
It's nice to know how to get involved in trading.
Happy New Year to anyone.
Saturday, January 1, 2011
Friday, December 31, 2010
Observe & Trade
A "V' pattern formed on the two leading indexes today, the last trading day for the year 2010.
Shown on the 5-min. chart the concluding chart of SPY (ES) and the DIA (YM).
A profit taking in the open!
Thursday, December 30, 2010
Observe & Trade
Traded long on YM and twice on NQ and all went to naught.
All the stop-loss got hit and didn't force any more after that.
Looking at the concluding 5-min. chart, the only viable trade is to short it (them) in the open.
Lack on conviction on the part of the bulls.
Real Time Trade Ideas
Will trail the stop in NQ to break even if it goes up by two points.
Looking for a five point gain plus at least.
Looking for a five point gain plus at least.
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