Could Erik match the live trading below on RFT's financial traders blog (ZERO draw down, and profits taken at tops).
Profits for today AM: 60 NDX points!
"
qqqq dia spy stock market trading (december 5, 2008)
After making 78NDX points yesterday, and 75 NDX points on Wednesday, it is now time to take the profits on the short we kept overnight.
10:24AM: with NDX at 1096 profit taking. Gains: 33NDX points.
10:43AM: scaling long side of stock market, with NDX at 1097. One quarter of normal
trading size.
Profit taking on long:
10:58AM with NDX at 1109.ish, profits taken.
Re-entry (long):
It is planned at retest of current market low. We have to wait and see.
11:31AM: starting to scale in long QQQQ eft. Size: one quarter of normal size. NDX is at 1102.
11:54AM: with NDX at 1116, profits taken.
"
Profits for today AM: 60 NDX points!
"
qqqq dia spy stock market trading (december 5, 2008)
After making 78NDX points yesterday, and 75 NDX points on Wednesday, it is now time to take the profits on the short we kept overnight.
10:24AM: with NDX at 1096 profit taking. Gains: 33NDX points.
10:43AM: scaling long side of stock market, with NDX at 1097. One quarter of normal
trading size.
Profit taking on long:
10:58AM with NDX at 1109.ish, profits taken.
Re-entry (long):
It is planned at retest of current market low. We have to wait and see.
11:31AM: starting to scale in long QQQQ eft. Size: one quarter of normal size. NDX is at 1102.
11:54AM: with NDX at 1116, profits taken.
"