Friday, July 18, 2008

Trades for 7-17-08

I signed up for today, and so far I like it a lot. I also upgraded to visual trader 4.0 real-time, which is coming in the mail. Looks like I’m going to be busy playing with my new toys this weekend :).

Decided that my stochastic strategy is only good for certain markets (like the 4th of July 08 holiday week), and therefore I am no longer going to trade it.

Today I had 2 trades, 1 long, and 1 short. They were 1 gain, and 1 loss. The total of the day was (+.71%), or (+$204.99). Trades were:

XTO - Short (+1.04%) (+$301.95): I figured that this stock would likely stay in this range/go down, I was wrong and should have held on to it

QQQQ – Long (-.33%) (-$96.96):

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