There is usually at least one or two markets that are standing out, but lately I've not seen anything special, so I'm standing aside. I used to get bored and did many implulse trades that only resulted in tons of losers. I was in fact suprised at myself becoming more profitable as my trading frequency goes down. It takes so long to build a good account, but takes only one bad trade to wipe everything out!
By the way, Lumber finally shows a bit of strength, but still too early to say. I think that demands for Lumber is not as good as when housing markets wer hot, so I have to see. On the other hand, the spread trade is just not doing well. I look into adding around $32000 level ($5K from the initial entry).
Tuesday, February 5, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment