Monday, February 11, 2008

Trading Strategy Today

Someone asked me about my trading strategy. In this market, with all the chop and multiple reversals, fake-outs etc, it's fairly easy to scalp. Of course you have to be disciplined if something does eventually break-out or down. BSC today was always going to be weak, so I chose that to short on any strength. It worked pretty well all morning (I did go long at open before realizing that it had been downgraded this morning!!)


3 comments:

Anonymous said...

thats all gibberish on that chart to me- u a bollinger band fader?
thanx- same person who asked earlier.

also how about ur entertaining yarn about how u got into trading and learned the ropes(guessing family member)

EquineTrader said...

I have been known to fade a BB or two, lol. I taught myself (with help from my boyfriend)

Masterjaz Out said...

U just lost half your readership by mentioning a boyfriend...On the flipside, at least now you know they are in it for your mad money making skills!

Masterjaz out