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August 21st, 2007 by eyal | Filed under Day Trading. |
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Very dull day from a day trading perspective with few candidates and low volume through most of the day. I traded just one stock BIDU (thanks Dave) and ended the day with +1.4R.
I noticed you trade fewer stocks a day recently - is it because your system generates a smaller number of good candidates these days, or did you revise it, or being more careful?
Yes I am taking fewer trades. It’s mainly because of the lighter summer volume which means there are less candidates that make it to my top list and I’m more selective of those that do make it because of higher pattern failure when the volume is lighter.
No problem on BIDU. I just sent you an invoice for 0.5R. ;-)