trailrunner
06-27-2006, 12:15 AM
Hi all:
I made my first timid trade today (only $200 risk), on the attached setup.
Fortunately, it hit and I made .95 on 500 shares.
My next trade (short on SPY) just stalled, and I stopped it out for a $60 loss.
Then I called it a day, and missed a profitable long on SPY (4.07 Risk/Reward on the first target). Oh well...back to reading part 2 of the training course.
Thanks,
Dan
I made my first timid trade today (only $200 risk), on the attached setup.
Fortunately, it hit and I made .95 on 500 shares.
My next trade (short on SPY) just stalled, and I stopped it out for a $60 loss.
Then I called it a day, and missed a profitable long on SPY (4.07 Risk/Reward on the first target). Oh well...back to reading part 2 of the training course.
Thanks,
Dan