Sunday, August 10, 2008

Market open 11 August 2008

Moved stop on GUD to $8.89

Not opening any new positions today because my portfolio is almost at maximum heat. Just opening 1 new position would take me above it.

I must admit to feeling relieved that I have this excuse not to open any new trades. All the signals I got I didn't really feel comfortable with because they were all vacillating between support/resistance - very high risk in my opinion.

I'm thinking about how I can change my trading plan so that I reduce the number of first signals I get.


happy trading
Sharon

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