daytrade diaries... december 9, page-136

Nathan

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

You have to take into account what the o/sea markets have traded o/night before buying a stock the next morning.

The dow was down 100 o\night so you would expect that your buy on (pen)would be lower than .40

You just need to be cautious when buying on open as the price often retraces.

Believe me trading the markets is a steep learning curve.