Well today I sucked because I didn't use my stops wizely. I scaled into positions too soon and exited my NQ long too soon. I'm surprised I made money today considering I took a big intraday loss be averaging a loser on ER2's afternoon pop, which was a total screw up. THE NEWS messed me up (at least that's my excuse for screwing up so badly on that trade). CNBC was running that insider trading stuff on the DOW, and that's when the market popped, I was going to go long, but thought that it was just short covering from the news, and then the market was going to go back down. Well, that didn't happen. It was a buy program that hit all sectors. NYSE A/D started out extremely bearish today, and has now been crawling up all day after 7:30am, with a big pop around 10:40am. I was getting ready to quit trading around 8:30am my time with a P/L of $678, but I wanted to try and get $800 again today. I recorded today's morning trading.
P/L= $823 (25 RT ER2, 9 RT NQ, 2 RT YM)
Trade summary-
Morning gap and flush to the downside.
Extreme bearish NYSE A/D opening value.
7:15 reversal
Afternoon buy program
Creeper crawling action on NYSE A/D
Update on trade experiment with reverse positions current P/L $212
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