Talking about trading rules and trading goals, J.C from An NYSE Scalper’s Tale wrote a very good monthly review. Go and check it out.
From the desk of Tradergav.com
Archive for September, 2006
I read an article by Linda Bradford Raschke about Trading rules. It is pretty long, but great. Maybe you have already know these rules, but, maybe you are just violating them every other day. It is time to review my trading rules again.
Here are the rules I quoted from her article:
From the desk of Tradergav.com
Dear diary,
September is finally over. Now it is time to review what I have done this month. Nothing much. It was a tough month as mentioned by other bloggers. Choppy. I am closing the month with negative P/L. -3.46-R. As I have told you before, I was not fully committed to trading this month. Too [...]
Dear diary,
After watching the market for the first 30 minutes, I, again, lost the interest to trade today. We are likely to have another choppy day. Man, I can’t wait for September to be over. NYSE TICK is hovering around +400 to -400. It spent most of time above 0. Volume is normal, nothing impressive. [...]
I read again John Carter’s article on TICK. I found it useful and I incorporate it into my trading. It assists me in exiting potentially losing trade or protecting profit. It will reduced the situation like’ I exited the trade earlier because I feel something is not right’.
From the desk of Tradergav.com





