Friday, February 05, 2010




What a great day for traders. New lows to new highs. Take profits, be fleet and flexible of mind and ride the momentum.

GS long again













GS exit















QQQQ new highs
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2 comments:

Ben said...

Hi there,

Look I'm new to this and I'm feeling a bit overwhelmed. I'm wondering if you could recommend a few books/websites for a complete beginner. I study finance, but to be honest, I know shit all about trading.

regards,

Ben.

9:36 p.m.
Scott said...

Ben- Read Trading in the zone by Mark Douglas, Reminiscences of a Stock Operator by Edwin Lefevre and check out Steve Nilson http://www.candlecharts.com.
The overwhelmed feeling will last a while until you get to know yourself and how the markets work.

6:23 p.m.

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