Day 11 … result
OMG
I really should take the monthend off … my experience over the last 25 years …
My idea in the morning was good, but some technical things, I had to sort out … I HATE THIS … kept me from playing 1st move … then got caught short … turned around … went into green territory and had the idea to play the 7855 resist zone as there was a triple confirmation …
But … monthend … many traders sitting on their hands or having them tied up … Ben Bernanke is king and with the help of the so willing Govt. they create close to a guaranty for stock prices … As I mentioned today morning … they want to freeze the rates for subprime customers … which means … THEY GIVE CHEAP REFINANCING … and by doing so … whatever name they will find for it … THEY BAIL OUT THE BANKS and the rest of the guys who invested in hot air … INCREDIBLE … but true … they found a short term fix and will create an ever bigger problem … anyway
As I felt, that emotions took over in my decision process … I stopped it for today …
So …
Trading days - 11 … Points made -8 … Total 241.0 … Average 21.90
Roundturns - Size x 3 … Total 23 … Average 2.09
