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Friday, July 11, 2008


Just last week I wrote about trust. Now I am apologizing if you are following my trades. I posted to short SKF at 178.50 with 3 pts stop loss. Then at the last minute before heading to working, I see that SKF was about to break the HOD. I wanted to take a little more risk and changed the stop to 5 pts.

I have also talked about how it is better to be lucky than good. Today I was lucky.

Keep in mind that I only have 2 hours at the beginning of each day to find and place a trade.

Here are the chart and my trade for the day.