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May 24th, 2006 by eyal | Filed under Day Trading. |
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What a choppy day. I had two longs in the morning on the heels of everything rallying but then it all tanked, as it’s been doing often lately, and both positions were stopped out by around lunch time. So today’s P&L is a not so nice -2R. It feels like a period of transition in the market with plenty of action and volatility but far less predictable patterns.
I feel your pain bro. I also traded GNBT for a loss. BCRX also looked good early but reversed! Good luck tonight!
Thanks for the encouraging words Sung.