Going Slow

Posted by Deb | Day Trading Journey | Monday 21 June 2010 8:08 pm

I am still going slow.  Today I had 2 positions, each on 2 contracts, and made a small profit of $125 (minus the fees that is just under $100).  I am still very cautious during trade.  I hope I will be able to regain my confidence soon.  I feel very badly my loss of $1500.  I don’t know how much time it will take till I can go back to making $250 a day.

The first position I had today was real quick – I got out of it in less than 5 minutes.  That made $50.  The second one was slower.  I started with one contract, than added another Probably took about 15-20 minutes.  In any case, as I said in my rules I posted here lately, I really wish to have my positions as short as possible.  No more than 30 minutes.

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