A blog about trading and investing (stocks, ETFs, forex, crypto), with some outdoor activities.
Wednesday, February 4, 2009
Trades for 2-4-09
I decided to try something with the new MA strategy. In my 1st trade I recorded where I would have taken profits, instead of sticking with the trailing stop. It turns out, exiting where I did would have been better than sticking with the trailing stop. Other than that, the market decided to go cliff diving today. I almost went long at around 1:25pmEST, but I always like at least two 10M bars to close holding support/resistance before playing a reversal.
Click here for a video of today’s trades (be sure to click on “watch in HD”).
The total figure for “Discretionary trading” does not include my paper-trades.
Totals for the dayDiscretionary trading: (+.20%) (+$54.64)
All times on the charts are Mountain Standard Time.
DOG – Long (+.20%) (+$54.64) My only real trade for the day
DDM – Long (+.62%) paper-tradeMA Trading: (+.57%) paper-trading
DDM – Long (+1.67%) Took profits instead of sticking with the trailing stop.
DDM – Long (-1.10%) Stopped out at my original stopout, I should have entered when it reacted to the 64 EMA (see my video of today’s trades).
Gapers: (-3.04%) paper-trading
SQNM – Short (-3.04%)
10k strategy: (0%) paper-trading
All times on the charts are Eastern Standard Time.