Friday, April 11, 2008

Short Day - UP 3,800

I did not trade all day but it was starting to get difficult late in the morning. Most my indicators showed reversals but the market continued to dip down. I kept looking for a strong reversal to the upside but non happen.

By noon I had was exhausted so stopped trading. I was picking too many loosers.

Today would of been better if I had try to pick the tops for strong moves down. Better chances.

The SP500 ended up -2%

Trades: 18
Winners: 8
% Winners: 44
%$ Win: 8,500
$ Loss: (4,700)
Gain: 3,800
% Gross Gain: 0.48%












1308 @ 6819 (-100) Buy to Close

1258 @ 6818 Short

1250 @ 6817 (-400) Buy to Close

1247 @ 6813 Short

1243 @ 6808 (800) Sell to Close

1228 @ 6800 Buy

1225 @ 6808 (-1000) Sell to Close

1224 @ 6818 Buy

1222 @ 6835 (-500) Sell to Close

1221 @ 6840 Buy

1219 @ 6839 (-100) Sell to Close

1217 @ 6840 Buy

1214 @ 6840 (-300) Sell to Close

1210 @ 6843 Buy

1208 @ 6855 (800) Buy to Close

1206 @ 6863 Short

1205 @ 6861 (700) Buy to Close

1205 @ 6868 Short

1203 @ 6860 (0) Buy to Close