Tuesday, May 1, 2007

Monday April 30th.
-$7

Traded too much yesterday. I was down around $60 in the begining of the day but I made most of it back. I need to not trade the first half hour of the market and just let it decide where it's going. Then you get into your positions. I am only trading 100 share lots so it's difficult to add on to winning positions. If I get into a position with 100 shares and it goes in my favor, I can't add anymore to it. I am always going in with my max shares, long or short.

Now it is more a learning experience than making money. I need to learn how to read the tape correctly.

I will post today's results after the close.

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