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Strategies & Market Trends : trading the QQQ

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To: bernard rogers who wrote (487)4/6/2002 8:40:19 AM
From: bernard rogers  Read Replies (1) of 714
 
Gross loss $10 -commissions $67
net loss $77
a sad sad trading day, where i started
the day trying to catch bottoms and
ended it trying to check tops
In my daily plan writeup, i will always
add April 5 was the last day i ever
violated the 1min line trying to catch
bottoms and tops
Additionally i must slow down and look
for 3's i am constantly early and being
stopped out.
l 1403.50 10:00 c 10:01 1401.00 -$50
1S 1394.00 1:47 C 1:47 1394.00 -
1S 1396.50 2:06 C 2:20 1394.50 +$40
1S 1396.50 2:23 C 2:24 1394.00 +50
1S 1393.50 2:30 C 2:31 1396.00 -$50
1S 1395.00 2:34 C 2:35 1396.50 -$30
1S 1396.50 2:35 C 2:36 1396.50 -
1S 1396.60 2:36 C 2:36 1397.50 -$20
1S 1397.00 2:47 C 2:50 1396.50 +$10
1s 1384.00 3:23 c 3.25 1382.00 +$40
1s 1385.50 3:36 c 3:37 1387.00 -$30
1s 1388.00 3:38 c 3:39 1390.00 -$40
1s 1390.00 3:42 c 3:51 1385.50 +$90
I went crazy in this sequence, trading too fast
starting to try to get my money back
This way lays madness. Write every trade
down before making another trade
Remember each trade costs $5
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