Marketgeometry

Wednesday, June 6, 2007

Five Days in a row 6/6/2007


Today felt good. I was nearly on track. Did not trade a lot of shares but made more trades in one day for the first time in a long while. I had a problem with getting filled again. The premarket was not helping but from the chart above, I had two good trades where I only got filled 100 shares out of 1000. Also on the trade I did get 1000 off, I had another order sitting at 14.25 for 1000. The high tick that move has 14.22 which turned into the next trade when the market touched 14.25.
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I played around with the steels again or should I say always. I started going thru my May trades and found that half my trades that month were in the steels. Maybe I should rename my Blog to the steel trader.
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I was proud of how I traded today. I has been about 3 weeks since I could say that. It was about the right number of trades but I wish I had filled each of them with 1000 instead off of some with only 100 or 200. My profit would have been over $1000 if I did. I do not like to trade like a mad man. I would like to make 4 to 8 trades, at 500 to 1000 shares a piece, unless they are under $20 a share and make $500 to $1000 net a day.
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The numbers Gross +275 net +249 and shares traded 3600.

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