trading on the NYSE & NASDAQ 2010-04-30 19:57:08

thoughts for the week:

1. dilute daily research with cheap stacks too. with potential. смысл: in them you can confidently and logically hold feet 3-5c, therefore, you can load with a larger size, than in more expensive and more range stacks. how to accustom yourself gradually and get used to operating with new sizes.

2. premarket! study then, which already made a good vol before the markets opened – it means there is interest in this action and there will be movement. act predominantly with the trend. and to search for entries against only with confirmation by teip and with less risk / size.

today is the day:
1Trade – 0
2Trade – +27with
3Trade – minus
4th – minus
5th – minus

the last day of the week and April closed almost at zero (weak plus) and no longer climbed, and hence item 3:

3. the quintessence of risk management I think is, that somehow to understand at the very beginning `` not your day ''. we are all spoiled for the most part by day trading. addiction and desire to 'be in the market" Every day. but there will definitely be days, when you have to `` enter the risk of the stop '', and not a fact, what's in the bag, it so happens that it jumps to the big side and you get a big minus. fish ban is, to immediately understand it and leave. let's say for me it would be a sign – no entrance to the first 45 minutes.. or after a series of trades in the first half hour – bumpy near zero. or something similar.. I don't know myself yet. it is intuitively felt, but it takes more experience.

ps: friday zeros, equity is consolidated after channel breakout, Sunday – new own high. so far so good.
I'll trade the next one and, maybe, I will spread the risks.

  Egypt opened
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