A daily chronicle of results of one retail futures trader trading my own accounts. I define myself as a day trader and generally swing for at least a few points most of the time. But I do make the occasional scalp for ticks too.
Wednesday, October 21, 2009
Free Fall
3:15pm CDT - Up $160 at one point, down $160 later on, then back to breakeven on the day. So it goes - a day with a big up move with no retraces to get in, followed by chop, and ending with a huge down move with no decent retraces to get in.
I did scalp a point long a couple minutes after the close on the bounce of that super fast 4 pt. down push that took out all the stops!
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