Tuesday, 5 March 2013

Lets get back into this...for good


QCOM, markets were banging today, QQQ + SPY going crazy, longed QCOM at 68.03 of 150 shares and the stock was paying well, but it did not continue to go higher. Eventually had to kill the stock at about 67.90 area. 

Few other things to remember while day trading: Do Not Take Random Ass Trades. 99% of the time you will lose minimum of $10 on them because you have no idea where your exits are. Taking 1 random trade a day can cost up to $50 a week.

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