This is definitely the time for discipline. For some, that means to go all cash and just turn off the computer. Personally, I still can't get enough of trading, so I've gone into my August-mode, which means about the only thing I play are bounces. There are still usually 2-5 bounces a day that are worth something, that's all I'm playing for. I'm hardly running any scans at all right now, spread gets killed, volume dies and you find yourself scrambling to get out within 30 seconds, lol...
Course, then there's that other problem, you know, mytrack decides that all orders should go to herzog for the day, and if you go AON you get none, and if you go none you get 100, or 200, or 37, or even 1 share of a .07 stock...
Wayne's still waiting for some stock we played the other day to run from .2 to $28 so he can break even! To da moooooooon! |