Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
Tuesday, February 9, 2010
Ouch!!!
Got stopped out of FSII late in the day at $2.75 for a loss of $101.40 including commissions. Huge sigh! It really seems now more than yesterday that the markets are heading lower. As the markets gapped up and closed higher but there was little to no upward movement in leading stocks. However, I will continue to let the markets speak for themselves and hopefully they move higher. I am convinced that I will end this week down big but I know that the opportunity for a big killing is just around the corner if this week turns out not to be "the one" at these oversold levels. I am confident in my system and will stick to it!
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