Friday, August 15, 2008

Week In Review 8-15-08

This was another good week for pretend trading. I ended up making 7 times my risk on 18 "trades". Since the beginning of August, I have 48 trades under my belt with a 14.88R return (not including commissions). Expectancy so far is .31 which isn't too shabby.

I plan to return to using real money next week.

The Zweig RS 5 screen had another tough one with a 5.05% loss. The Zweig MACD screen made .79%.
I've been keeping Zweig stocks on my watch list and two of them made pretend money for me this week. MSO on Thursday had a swell setup that made 6.88R. Today AMED set up for a 3.4R day.

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