Wednesday, March 28, 2012

Don't Over-Trade

Don't Try And Fit A Square Peg In A Round Hole



While overall, we still made a tidy little trading profit today, the market as a whole felt like there was no true direction. This sideways trading did not allow for a break-out either long or short and therefore opportunity was harder to identify.  With days like this, I have found that it works better for me to be a observer instead of a participant trying to force the trade and ending up holding a loser. Today I took my chips off the table and decided to take a break and enjoy some well needed research.  I will be announcing our picks later this early evening.

Hope you had a successful trading day!