An Exhausting Day

Posted by Deb | Day Trading Journey | Wednesday 23 June 2010 8:43 pm

I’ll start from the bottom line:  I got today $187.5 over 6 contracts.  But oh, this was exhausting!  It took so long!

I like to start trading shortly after the stock exchange is open, 9:30 AM at NY, 16:30 at Jerusalem, or immediately beforet that (after 16:00, when I get home from picking my son from school).  As I have told here a few times, on Wednesdays I have only a short time frame after 16:30  because of my daughter’s swimming lesson at 17:15.  After last Wednesday, when I had to leave an open position in order to get her to the pool on time, I decided I will not try to trade at that short time but leave it for the evening.  As you can guess, I didn’t keep this resolution, I was too anxious to start.

The market was very indecisive at the short time I tried.  Finally I had a very short position that gave me only $25.  I closed that quickly and left with my daughter, this time I didn’t want to have to rush her at the last minute.

I opened my Transact platfrom again when we were back home, at around 7:00 PM.  Now the market was not going anywhere, going up and down 2 or 3 pips with no direction.  I waited and waited.  Finally I got again into a short position which gave me another $25.  Finally the market started going up and I entered another position.  This one took very long, probably about 45 minutes till I was finally out.

All’s well that ends well, isn’t it?

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