Tuesday, December 16, 2008

Dec 16, 2008 Trading Profit = +4.5%

Trading Results for 12/16/08:

#TRADES PLACED....23
#WINNING TRADES...22 [95.6% ACCURACY]
#LOSING TRADES..1
TODAY'S PROFIT.....$435
TODAY'S PROFIT ON $10K ACCOUNT = +4.3%

Trading Notes:
Traded the Mini-Nasdaq[NQZ8] all morning just picking away at the the Starting Bell's highs & lows before finishing the day early @1pm. Today's strategy was to not deviate from my Projected Profit Targets and basically not let the trades run beyond those targets. This very conservative approach made small profits,minimum drawdowns and a much larger amount of positive trades ending the day +4.3%.