AbeSmith

Trade 5: +56. Momentum trade following news of Fed injecting more money to add liquidity to system for second time today.

Trade 4: -12.

Trade 3: -12.

Trade 2: +17.

Trade 1: -13.

Good trading Brownsfan.

Hello. The Dow is down in premarket. Good luck.

Today's trading summary: 4 roundtrips. -56. realized paper loss of 262.96.

Thanks Brownsfan. You are very helpful.

Thanks Brownsfan. That was very helpful. It seems I should pay more attention to candlestick analysis.

I will be away from my computer for a couple of hours though.

Not only is it ok with me Brownsfan, I look forward to it.

Hey Brownsfan. No particular reason for that. Just experimenting with different chart settings.

Chart for Trade 4:

Trade 4: No gain.

Trade 3: -12.

Trade 2: -11.

Trade 1: -33. Looks like I'm still yielding to pressures to take more risk than I should. I thought I was immune to these sort of errors by now.

Hello. The Dow is down this morning. There seems to be concern about financial sector. Good luck.

My trading report for today: 6 roundtrips. +15 points. 49.44 realized paper gains.

Seems like I should pay more attention to those.

Trade 6: -11. Based on 5min counting on SMA200 for support.

Trade 5: +9. On 1250 VBC.

Thanks Brownsfan. It's nice to hear feedback from an experienced trader.

Trade 3: -2. Trade 4: +2. Missed most of the Bush speech, then noticed that there was a rally. So attempted to go long on trade 3. It was an impulsive trade because it is not good policy to trade after being away from the trading desk for a significant time. Then noticed that rally declined after Bush speech. Shorted, moved stop to break even, and stopped out.