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You have to survive

You have to survive
Every day is a battle, survival is rule #1

Friday, September 10, 2010

CBD short entry

Fairly quiet day but i squeezed out this pretty good looking entry. I had to play Karate Champ on NES until the market close neared. The bar could have closed below the daily 25 EMA a little more but i think it only pulled back a little from its low cuz it tanked really bad in the morning so people naturally took their profit. but it started to ease back down enough for me. the risk to reward is great on this one, over 1:5 !!....we'll see what happens.
i am holding 4 trades now going into the weekend. i will keep using my current watchlist plus add more from research over the weekend. this week was short and slow and the old watchlist still looks pretty good, why waste it? ill just double down on the watchlist size for next week.

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