This blog website represents my daily trading positions and thoughts on how I trade the futures and commodity and allows others to view and understand the Importance of Being a "Honest" Trader.
Be true to your work, your
word, and your friend.
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Friday, March 31, 2006
11:45 am - A wider stop of 3.0 ATR before 11 am wud be better
A 3.0 ATR stop before 11am can counter the volatility giving our stop at 926.5 , a 0.5 pts above today high so we wud not be stop out.
10:15 am - FKLI gap up to 925
FKLI April mkt gap up and hit my stops at 926.0
Trade #8 is out with -3 pts loss.
Can a wider gap at 926.5/927 wud do the trick ?
We shall see at the end of today.
Trade #8 is out with -3 pts loss.
Can a wider gap at 926.5/927 wud do the trick ?
We shall see at the end of today.