Where To Start

I received an email from a reader this morning asking “where do you start on a day like today?” My answer was, “in cash, with an open mind” My opinion is unchanged, we remain in a high risk daytrading environment. You have to be patient enough to wait for the right opportunities, but aggressive enough to make sure you don’t miss a good trade. It is a fine line to walk. Err to the side of caution.

This is a report of my trades this week from Terra Nova, it allows me to analyze all my trades, it is a great learning tool to see what you are doing right/wrong. It looks like I should only trade the first 90 minutes of the day…