Thursday, May 15, 2008

Very choppy day

Today was one of those days you would have been better off sitting on the sidelines or just trading futures (which I don't do).

Sure we had a 'trend day' most stocks I was watching were fairly choppy.

I had a solid setup & trade in FWLT early in the day, sold half at 2R, only to see the remainder get stopped out at break even just a few minutes later. That sucked.

I had a nice short setup on JASO which I got shaken out of on a bounce.

Then I over traded for a bit.

In short? I took 1 step backwards today.

I most likely won't be trading tomorrow. It's options expiration and the choppiness may just continue.

0 comments:

Newer Post Older Post Home