Chopped Again
Man... this is not a market for breakout trading.
Volume is lame and I'm just getting chopped. So, like I said yesterday, instead of swimming against the current, I'm going to focus on taking my exam. I scheduled my test for Saturday, which means I pretty much better start studying... like, right now.
The blog will be somewhat "no frills" for the next few days as I focus on studying, but once I take the exam, I'll be able to trade the "4 letter names" again, which in theory, should let me be much more selective about the trades I take, since I should be able to find many more opportunities.
I'll be posting the VO each night as usual, and daily posts if I make trades.
4 comments:
Good luck on the exam, DT. What's the format?
what's the reason for taking the exam... personal development, professional?? I'd like to know more about the series 55 and series 7 if you have info. Although I believe one needs to be sponsored in order to take the series 7?
I've got time and matters well get some things done.
Make a dam post about the exam and what your doing it for already DT.
Well, the 55 has nothing to do with personal development... the material is boring as hell.
It's all about how the Nasdaq market works. I need to take it to be able to trade the 4-letter names again.
The Series 7, on the other hand, is a great test. You learn a lot about stocks, bonds and options. Some people call it the "mini MBA." You can take it without "sponsorship," but then you'd have to pay the exam fees.
-DT
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