Wednesday, February 16, 2011

February 16, 2011

Had a very good morning thus far trading.
First trade was with ANF- it was a long break out trade that went against me immediately within 14 seconds for a losss of $12.00...need to continue to work on those large losses.

Then next trade was with ARG for a long profit of $21.00.

The next trade was with CTL on a short break out trade. Stayed in that one for 4 minutes.

Be careful of other people's recommendations.
Stay relaxed.
Really learn to read the tape.
Took another trade on ADI for a 2 dollar gain and then finally had two losses in a row on ANF on break of highes of the day not good trades but still net positive.

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