Michelle B submits: After noticing PSA on the top ten losers’ scan on the NYSE during this past Friday morning, I checked out its daily and saw a potential second, measured down leg from a bear flag: PSA gapped down a bit at the open, did a down leg, based at its lows, and then [...]
Posted by 26 April 2006
My Path to 100 R in Profits from Day Trading
I’ve been doing a lot of thinking about money management and compounding of late. The other day I realized that I’d accumulated over 100 R of profits since I began day trading. (1 R = my initial dollar risk on any given trade.) More specifically it’s 100 R from when I started my current trading [...]
