Wednesday, September 30, 2009

Wednesday Log - Wild Day




Began the day trying to trade the pre-market economic report announcements. Price did not get to my long or short "hot-box" trade levels which are usually very conservative. Missed the 0830 stab up by 2.0 points and came no where near my short side order. Jumped in for a quick scalp but that was all for pre-market. Result. +1.0

At the open I played the half gap from 59's. Out with 2/3's of position in 56's with remaining C in trade for gap or break even. The b/e won before market plunged without my trailer. Result: +5.50

Rest of day I was in and out of office. Tough day to trade with EOQ and EOM balancing of big boy accounts. They did not disappoint for orchestrating a wild day in the market. I am shutting down early and will wait for another try tomorrow. I'll post chart later.

Trade Well !

No comments: