Thursday, December 11, 2008

December 11th Update

Not much to report. UBER SLOW DAY in the S&P today. I was bored out of my mind. I would post up a report for earnings but they were just +.25 today (1 tick) or 12.50 on one trade. Everything else blew away from me. There was a salty little 3 minute trade I took for +8.5 but i'm not recording 3 minute trades here because i'm pretty sure i'll just be trading the 1 minute for starters in January. Typically the larger timeframes require larger risk on the trades because the swings are larger. That being said, the 3 minute trade today was actually smaller in risk than some of my 1 minute trades so i'll be review all of my data and see if its worth taking both timeframe signals come January.

Trade Results:


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