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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: GTC Trader who wrote (53988)3/23/2006 10:12:14 PM
From: TATRADER  Read Replies (3) | Respond to of 59879
 
The weekly discipline is to make 2-5K a week, once you reach anywhere in that sector on a particular trading day, you quit trading the rest of the week...So far this week I have $1800.00 in profits, so I need to continue trading right through Friday...The prior two weeks I was done on Wednesday...
I have a trading plan, and I will continue to trade the plan..
If I don't have a set discipline, I will overtrade...That is just the way I am...Too emotional....

The reason that I don't continue to ride stocks is that I am constantly finding better short-term picks that can generate faster profits....

It looks like I might get out of my 25,000 QOIL on Friday with minimal losses....Looking to take at least 2K tomorrow out of NTO, $500-1K out of LVLT, and $500-1K out of HEB..Back to cash for the weekend and looking for better stuff next week....By sitting on my hands and not trading for the sake of trading, rather watching, I do fine....

I am looking for strong stocks in pullback, great patterns, and interesting volume stocks...

Have a great weekend.....

Mark