I signed up for daytradeteam.com 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):