Coming in today, I didn't know what to expect. I wanted to get off to a good start; realizing that losses are inevitable in this game. SPY gapped lower this morning, so my trade bias was to SHORT the market. I took on 6 trades today; I won on four, and lost on two. The market got really choppy shortly after 12p.m., so I didn't really get to take advantage of the nice down move-maybe it was the stocks I traded!!! Nobody could have predicted the news that came out of Boston around 3p.m.; which helped to lead the market lower. Nonetheless, here are the results:
Hindsight is 20/20. I would've stayed in if I knew the market would push lower. Nobody knows what will be the next move on the right side of the chart...
Until tomorrow.......
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