Lucky Day

Posted by Deb | Day Trading Journey | Thursday 26 May 2011 3:45 pm

I did a few stupid things today, but I had luck and came out with profit.

I opened the platfrom at 3:10 PM. The Sierra charts (which are now called the TransAct charts) took a while to load, and only after 3:20 PM I had a full picture. As there were a few financial reports scheduled at 15:30 I decided not to go in the market – and that was a lucky decision. Prior to the reports the market seemed to be going up, but right after them there was a quick dive down.

I decided to try and get some profit of this dive. First I entered with one contract, and quit very soon with a profit of $37.5.

The market continued to dive down, so I decided to try my luck once again, although I had no good guess at what point the dive would end. I entered with 2 contracts. The market went up, so I added one more contract to even out. After a few minutes the market went down again, and I quit with a total of $125 (including the first $37.5).

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