Saturday, December 5, 2009

Good Friday

What a great trading day it was on Friday!  I waited and waited until price got to where I wanted and went in.  I think that my trade on Friday morning was the closest thing to a "sure thing" or "all in" trade that I have ever seen and or made.  It was definitely worth the wait.  I had to close it out to run to a meeting, but if I could have stayed, I would have made another 80% profit!

There is still a lot of work to do and plenty of more research and studying, but as long as I keep doing the work, I am seeing the results.  I can honestly say that my results are so much more consistent now and the amount of trades that I am actually making are way down.

I have been at this now for six months and I love it more today than I did when I started.  Maybe I have just been getting on a lucky streak lately, but I am starting to think that it's something other than luck when I am beginning to be able to call my targets to within a few ticks.

I know that there are days that I am going to lose, but I am also implementing a max loss from now on that will keep me from doing anything stupid or too damaging to my account that I cannot easily recover.  There is always another day.  Time to do some reading.

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