by Larry Levin
Today was a little whippy! I'll be honest today was a tough day to make money in the stock indexes.
Well, what I should really say is it was a tough day to hold onto your winning trades as the market was extremely volatile again.
It's not to say you couldn't find some good trades, it's just that your next trade could have easily given back whatever you just made.
One of the keys on those days is finishing with a winning trade. In other words, if it is late in the day, and you've just had a nice winning trade, maybe it's time to call it a day a little bit early.
Finishing the day with a winning trade will play a big part in giving you the right mind-set the next morning. Try it some time and let me know what you think.
Real Time Trading Signals*for
Trade Date: 10/25/07
E-Mini S&P Trades*
(before fees and commissions):
9:34 FT Buy 24.50 = -1.50 all
10:12 OTF Buy 23.25 = b/e , -.50
11:01 ENG BUy 17.25 = -1.50 all
1:44 ID VA BUy 15.75 = 1.50 all
E-Mini Russell Trades*
(before fees and commissions):
1) Sell @ 8:48am at 813.8 = +.5, +1.3, +4.0
2) Buy @ 9:20am at 819.2 = b/e (1 lot)
3) Sell @ 10:12am at 815.8 = +1.0 & +2.3
4) Sell @ 12:00pm at 807.9 = +.5 & +1.0
5) Sell @ 12:11pm at 806.5 = +.5 & -.9
6) Sell @ 12:24pm at 806.0 = +.5 & -.6
7) Buy @ 1:33pm at 805.8 = +1.6 (1 lot)
8) Buy @ 1:40pm at 808.0 = +.8 & b/e
9) Buy @ 1:53pm at 807.5 = +.5 & +3.3
10) Buy @ 2:03pm at 808.8 = -1.0 (1 lot)
11) Sell @ 2:36pm at 807.4 = -1.0, -1.0, -1.0
12) Sell @ 2:40pm at 810.0 = +1.5 (1 lot)
13) Buy @ 2:49pm at 809.2 = b/e (1 lot)
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