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Daily Trade Posts

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Tuesday, February 16, 2010

The week is off to a good start

This morning there was a low impact announcement on long-term purchases. The news was better than expected, and the market moved accordingly. I made 1 point (10%) on the initial movement and another 0.5 points (5%) on the correction, for a total of 1.5 points (15%).

The movement on this announcement was exactly as expected, based on the Market Mover Trading training. It was relatively slow, which gave me plenty of time to think through things before placing my trades. It's nice to be off to a winning start to the week.