Posted by: anothercountry | January 30, 2008

First Month of Live Trading

Breaking even with experience gained. That sums up my 1 month of trading so far.

Realistically this is good. The market has been horrible, we’re in earnings season, we are switching from five years of bull to bear, & other experienced traders are crying capital preservation.

I’m looking for the following:

  • 6 weeks of relative calm after the Fed today. The next scheduled rate review is March 18th & I doubt they will make another emergency cut.
  • Some normal rhythm/leadership in the market. Preferably a confirmation of the market downtrend.

If so I should be able to implement swing trades over my normal average trade time of four days.


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