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Strategies & Market Trends : trading the QQQ

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To: bernard rogers who wrote (506)5/17/2002 8:11:34 AM
From: bernard rogers  Read Replies (1) of 714
 
Gross daily loss $120. - commissions $38
net daily loss $158 -net cumulative loss $355

4 trade units
1l 1313.50 10:32 c 1310.50 10:33 -$60
bad 1 sto line
1l 1315.50 11:21 c 1313.50 11:23 -$40
bad 5 sto line
Ok, that is it..
1l 1304.00 12:03 c 1304.00 12:05 --
1l 1307.50 12:09 c 1304.50 12:10 -$60
There is no way you can live in rough water
do not do that again.. Bought under the 5ma line
breaking all the rules.
1s 1307.00 1:00 c 1307.50 11:02 -$10
a mistaken trade
1l 1308.50 1:08 c 1313.50 1:22 +$100
a nice trade.
1l 1312.50 1:35 c 1310.50 1:35 -$40
1s 1311.50 2:35 c 1314.00 2:36 -$50
deadly, playing the tail when tails are scarce
better to sell to the suckers on the high side
of the flag. Don't forget this
1s 3:00 1313.00 c 1311.00 3:06 +$40
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