daytraders after market lounge 9th may 2012, page-50

  1. 6,677 Posts.
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    Baz, you gots to stay on HC...

    I'm now only holding BLT (same parcel from 2004), and recently entered a small, ST position in IFN (trying in the 0.245-0.28 range for any small profit). I cleaned out the drawers earlier this year.

    It being May, world/domestic government shenanigans, etc, I'm just hugging the wife more and reading non-market related books (just received a copy of 'The Serpent and the Rainbow' for my birthday - sweet!).

    However, I'm still doing nightly eod scans and looking at charts. I'm not paper-trading anything, but picking a few and trying to watch depth, and moreso manipulation. I'm really trying to better see how smart money rips through and the timing of it. That's why I'm in IFN at low risk - the course of sales yesterday was ridiculous.

    I think it will make me better in the end...
 
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