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Daily Trade Posts

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Tuesday, April 13, 2010

Econonomic Optimism

I was on vacation and then sick, so it's been about a week and a half since I traded. It's good to be back. There was a low impact announcement this morning with very little impact on the market. The news was good, so I got in long. The market wasn't really moving, so I got out at break even. The market dropped, so I expected a similar movement trade. I got in long again, and again there wasn't much movement so I got out with 1/4 point. Had I stayed in another minute I could have squeezed out 1/2 to 3/4 points. Lance was more aggressive and patient than me and made 1-1/2 points this morning.