Friday, October 24, 2008

Week In Review 10-24-2008

What an interesting week that was. This was only the second week since I began day trading in August that I didn't have any losing days.

For the week I made 4.81R. I monitored my trades much more as the market chopped around and I took my profits much more quickly. I'm sure I left a lot of money on the table, but it felt better to pocket gains than to continue risking losses as the market jumped up and down.

My only trade today was a quick (10 minutes) in and out on AGU for a .58R gain. I could have held on for more than 10R gain, but I wasn't comfortable with the swings the market was showing.

The Zweig RS 5 screen was down again this week with a 10.53% loss.

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