Have a fast trigger finger and take what you can get when it's offered up to you. Don't wait around. Play very liquid stocks so that you can go in with more size to capitalize on the quick moves. Leaving and going for a nap,swim, hike, bike, ski works too.
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.
2 comments:
Scott,
Thanks for sharing your insight into trading, its a great blog to follow.
Do you have any advice for handling choppy markets? Do you widen stops or stop trading after x amount of stop loss hits, etc?
Thanks.
Have a fast trigger finger and take what you can get when it's offered up to you. Don't wait around. Play very liquid stocks so that you can go in with more size to capitalize on the quick moves.
Leaving and going for a nap,swim, hike, bike, ski works too.
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