Tuesday, July 29, 2008

Day Two -- Not so good

I felt pretty good about staying out of the market yesterday. I made 5 trades today and lost .60% on a day the indexes muscled their way back. I'm a bit disappointed.

I made 1.69R on SAP. I bought it at the narrow 10:30 candle and sold it near the close.

I lost 1R on FDG. I probably should have waited a bit more for the uptrend to be confirmed. I'm learning, but it sucks being down on a day like today!

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