"An expert is a man who has made all the mistakes which can be made, in a narrow field."

- Niels Henrik David Bohr

Monday, April 5, 2010

End of Day Journal (4-5-2010)



Comments:

So much for the first day. I think that it was not an active enough day for my screeners.

IB charts are perfectly horrid. All I can get them to show is a little horizontal line for the entry and exits, otherwise I would post the charts.

One mistake - trying to scale into ME. I bought an additional 500 shares early in the bar; in retrospect, this should have been the sell point: drop came after a $0.20 move; $0.22 from my entry.

Other than that I did exactly what I was supposed to do. A little bit of fear may have clouded my judgement on CML, but looking back at the chart, I would not have done any differently. Just not enough movement in the market as a whole today IMO.

I paper traded after the ZION exit, with about the same results, over about twice as many trades.

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