Today’s Trading

Posted by Deb | Day Trading Journey | Friday 11 February 2011 3:12 pm

Today went very much like yesterday. The only problem is that I had less time. I started trading in the morning, when the official market in NY was not yet open. The market had nontheless enough commotion to be able to trade.

When I started the direction of the market was not yet clear, but soon enough it seemed to be going down soon. I put one order for a short position on 2 contracts, and another order for one contract a bit higher. Finally the first position caught. The market got stuck around the entry point, but finally went down a bit so my limit order for the first contract caught. Then it went up again to my starting point, and I had already to go.

I went out to fetch the kids when the position was losing, and the higher one-contract position had just caught, but it looked sure enough to be going down again. I put the limit orders to get out of the position a bit closer, and left.

When I came back over an hour later, I was out of the position with a total profit of $112.5.

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