Tuesday, August 25, 2009




























this was the trade. if i would have taken some off at .95 (instead i had an order at .90 that didn't get hit) then i would have felt comfortable giving this trade to .30 which was the prior breakout. but i didn't get out of any, and i didn't want to sit in an .18 loser, even though that isn't so far away. i need to stop concentrating on the p/l and look and the loss per share, i.e. .18 vs $18














just scalping this one all day. pushed my luck one too many times at the whole. i think this afternoon we tried to make up for the drop we missed right at the end of lunch but it was unsuccesful. i ended up giving back my day in this one, but i thought the risk reward was worth it. i was risking .10 for a .40 move.