iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

Here we go again! SKF, I’m home!

With market sentimental change overnight, again, we are re-entering the dark zone.  What else can one do but to join the dark force to make a few penny.  Without fanfare, I am moving back into my other home where my SKF lives; together, we will go hunting for slim picking.  Along the way, we met our old friend SDS!  What’s a nice surprise!  The more the merrier!

Bought starter position in SKF and SDS this morning.  Reason for the trade: breakout of yesterday high.  I’m looking for higher high and a higher low for today bar.

As usual, while I don’t mind hanging out with my mistresses, I don’t trust them; for they are famous for stealing when I’m not looking.  Therefore, my stops are below the midpoint of yesterday bar.

Good Hunting!

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2 comments

  1. zenhunter

    Stopped out of SDS. Still with SKF; look like it may get stop out soon.

    Sticking to the trading/business plan is all.

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    • zenhunter

      Finally, stopped out on SKF.

      Wrong again! You see, it’s not so bad to be wrong.

      Moving on.

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