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Monday, April 28, 2008

Avoid The OverTrading Trap Ahead Of FED Day.

Markets will always be very choppy ahead of all FED meetings. Gotta curb the urge to overtrade. I had a great trade in AGU in the morning and gave it all back and closed down on the day due to over trading. No more of that tmrw.
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4 comments:

Alpha Seeker said...

Stewie,

It will be great if you can post the bad trades too. I usually learn more from my bad trades.

Fadi

April 28, 2008 at 8:56 PM
Stewie said...

hi fadi:

yesterday, i overtraded. too many to put here. here's a post from last week.

http://bp1.blogger.com/_rufrpeKdZ38/SBCmZzYQYwI/AAAAAAAABts/GOtTtOQe6F8/s1600-h/hes111.png

April 29, 2008 at 8:35 AM
Jtrend said...

Really appreciate some new trading ideas, so many times we get stuck in a rut when things are not working and fight to make them work with losing results. Used your 1 Min chart strategy with volume capitulation/RSI on ENR for a very nice trade

Thanks

April 29, 2008 at 12:10 PM
Stewie said...

Nice trade jtrends. Gotta keep in mind that this stategy might not work in a different mrkt. Always start with small positions and add once you are proven right.

April 29, 2008 at 5:17 PM

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