Marketgeometry

Thursday, June 12, 2008

Thursday Trade Review 6/12/2008

The chart above sums up my day. I had no guts to play NUE when it finally did fall apart after two failed attempts. I then went back to my favorite RIO and it hardly moved while all the other steels were falling. I finally got a short trade off there on a setup and it went no where so I got rid of the position after 15 minutes and then it fall. I should have just sold all the steel short with 100 to 200 shares each. Bottom line is - a bunch of trades and net +$4.
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Numbers:
Stocks: gross +36 net +4 shares 6400
Stock Futures: none
Forex: none

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