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Strategies & Market Trends : Charts for Breakout

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To: Julius Wong who started this subject	4/16/2002 2:39:12 PM
From: PAUL THOMAS	Read Replies (2) of 3506

I tried for the first time some day trading with NWRE.I did a good job of taking a stab at what might be an entry point near the daily bottom. I knew I couldn't stay on the computer all day so I decided after the stock stayed within 0.5% max gain after I bought it that I would be happy to get out at yesterdays close of 10.40 which would break even after commissions.This was a test exercize for me.I learned things that will help me if and when I will day trade in a serious vein.I will trade in a 500 share size trades.I need a 0.8% gain to offset commissions.

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