Postmortem 03-Oct-2006
October 4, 2006 – 9:23 amDear Diary,
Ah..Dow is trading at record high..Ah…So what? Who cares?
It was another boring day for dummy trader (DT). I did not have any DT. Instead, I started my scalping here and there using squeeze technique. And I named it Moron Scalping. Basically, it is a break out trading based on bollinger bands and Keltner Channel. Nothing really fancy. I am still learning. I am refining my game plan now. No big profit, but enough for me to get some nice coffee for breakfast.
It was not a bad idea to scalp some small trades during the days like this. Market did a turn in the afternoon and moved up. It was just another tough trading day.
The only interesting event during the day is the excellent eCBOT was down AGAIN. What is going on there? Technical issue AGAIN? I am a IT guy, I know “Techincal issue” is BS. That’s what we use to answer customer’s complaints.
e-CBOT Trading Platform Down Due to Technical Issues
Due to technical issues, the e-CBOT electronic trading platform shut down at approximately 9:30 a.m.e-CBOT is in pre-open as of 10:30 a.m. Opening rotation will begin at 11:00 a.m. e-CBOT day orders were cancelled and need to be resubmitted.
Further information will follow when available.
From the desk of Tradergav.com
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Tags: Trading Psychology
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