Wednesday, April 7, 2010

Trading Update

We got hit fairly hard in March. I think we got a little arrogant and greedy. We went for the big score and failed to bail when we had the chance and our computers were giving us the signal. That can happen when you start off doing very well. We let our guard down and took some unnecessary losses. You don't have to trade every day. We got impatient and pushed the system. An amature move. We learned from it and now we will move onward. The good news is that we improved our systems and our strategy (hopefully) and are positioned to look for gains. 2 of 4 positions are holding well and starting to move. We will dump 2 today at break-even.Stay tuned for updates and check your emails.