As I am teaching myself charting/day trading I picked a PEN to be my experiment(just watch not trade) last night after I saw the chart on the day traders dairy:
My buy target was @ .40
Sell @ .44
stop loss .38
which means today I would of bought and straight away hit my stop loss, easy way to lose money :P.
Much to learn.
I'm sure this has been asked millions of times, but can anyone recommend charting tutorials / charting software, I'm currently using incredible charts but I don't really like the layout.
daytrade diaries... december 9, page-135
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