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Strategies & Market Trends : trading the QQQ

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To: bernard rogers who wrote (425)2/28/2002 4:50:55 PM
From: bernard rogers  Read Replies (2) of 714
 
gross loss $180 - commissions $50
net loss $230
a terrible terrible day, where i was always
one level off getting it right, or breaking
my trending rules and trying to pick the bottom
all i want is to follow my rules exactly
not to deviate, is that too much to ask?
Febuary 28 2002

500L 34.28 11:26 c 34.18 11:33 -$46

without doubt i did not let the 1ma
line develop enough, until this
develops the odd are way against me
I also played the 1st bounce which
is not so good.
one level too soon, 1st bounce
put it on my gravestone
don't chase this. one more retractment
don't get so carry away with each
up and each down, it does your no good

500L 34.38 12:02 c 34.46 12:10 +$40

500L 34.37 12:15 c 34.31 12:19 -$36

you are getting off balance, trading too
fast, not getting the limit and stop up
right, set those 1st before the trade
pick the trades better.

500S 34.33 12:25 c 34.51 12.31 -$85

I am letting my stop slip, it can
not be more than 10cents ever

500L 34.17 1:43 c 34.07 1:50 -$50
breaking the rules, trading against
the 5ma trying to pick bottoms
Next time i break my rules, i don't
trade for 5 trading days
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