Friday, January 2, 2009

January 2, 2009 Trading Profit = +3.50%

Trading Results for Friday 1/02/09:

TRADES PLACED....8
WINNING TRADES...6 [75% ACCURACY]
LOSING TRADES...2
TODAY'S PROFIT.....$350
TODAY'S PROFIT ON $10K ACCOUNT = +3.50%

Trading Notes:
This was the most one-direction day I've seen in a while. Could have rode it +200 pts but chose to stay out due to lack of indicators hinting at when it was coming back. Other than the climb that lasted all day there was only a short selloff during the rush to the Closing Bell. Traded FX Currencies instead and found that market somewhat less uni-directional. Waiting to see some normal market volume on Monday. Closed the day UP +3.50%.