MysteryTrader's Commentaries
Dec
28
2006
small, consistent trading profits add up
by MysteryTrader
Overall Rating:
Buying dips is working. Selling rallies is working. Nothing new here. Except to note that small, consistent trading profits add up nicely after a while. Trading this market has been profitable, although not exactly the stuff that dreams are made of. Continue to focus on day trading the short swings. Do not hold overnight. Don't try for a home run, since you are quite unlikely to get one. Seasonal tendencies are still positive. So, look to be a little more aggressive on the long side than on the short side.
Tags: economic-events
