Tuesday, April 14, 2009

Fully on the long side at SSO 22.00

I don't like the volume being high on a down day. I will take 1/2 off the table tomorrow and leave 1/2 on play. My exit order for the next trade is 13-day MA which is $21.36 on SSO. If we go below it then it may be wise to stay away from whipsaws. Just too difficult to trade this market except may be day trading. I may have to go back to small gains on day trading on the days I have some free time.

No comments:

Post a Comment