Posts Tagged ‘daytrade results’

• Daytrading Environment
  alphatrends, December 12th, 2008 at 4:44 pm

  After my morning post of trades from this week I received some feedback that it helped my “credibility”. With all the dubious marketers out there I can understand that sentiment, but I would rather that people view my daily posts as educational to them in making their trading decisions. I do not know why there is such a fascination with how I do financially, that is my business. If I were running money I would absolutely show my results, but running other peoples money is not my interest. Here are my trades today, I hope you can learn from them but they were all short term intraday trades based almost exclusively on the action on a one minute timeframe. I will not be posting my results with any regularity.

  

• Where To Start
  alphatrends, December 12th, 2008 at 10:07 am

  I received an email from a reader this morning asking “where do you start on a day like today?” My answer was, “in cash, with an open mind” My opinion is unchanged, we remain in a high risk daytrading environment. You have to be patient enough to wait for the right opportunities, but aggressive enough to make sure you don’t miss a good trade. It is a fine line to walk. Err to the side of caution.

  This is a report of my trades this week from Terra Nova, it allows me to analyze all my trades, it is a great learning tool to see what you are doing right/wrong. It looks like I should only trade the first 90 minutes of the day…