Wednesday 1st August 2007

Today was another crazy day in the market, with the Dow ranging over 200 points. The volatility made scalping the order of the day. No swing positions, neither long nor short were added. After almost a perfect trading day, the last hour proved costly, due to the reversal of BSC, and the lack of a stop loss which cost the fund $1000 in a single trade. Before that we were +$1270 and ended the day +$875 after some scalping in after-hours, most noteably SBUX.

Click below to see the performance graph: