Staying Small and Winning Big

Thank God i was able to close out the week on a strong note.  There is no more empty feeling than going into the weekend down for the day and or week.  I was able to avoid both of these today by finishing up a $274.  The key to today's victory is that I was able to rebound from yesterday's debacle and not let bad habits sink in.  Today I was able to make a decent return without ever using more than 11k per play.  At this point we are in the game of perfecting our trading strategies and growing the account.  I have the rest of my adult life to become "Scarface" in the market.  Right now it's about discipline and preservation of capital. 

Below is a quick write-up of my best trade of the day.  It was a short on Harris Corp (HRS).  The stock broke a minor uptrend line from the morning and I took this as an opportunity to add a short position.  The stock quickly fell without looking back to my target.  The thing that made this trade so sweet, is that I booked profits on HRS from the morning on the long side as well as the mid-day short.  There is nothing like playing a stock on both sides.

HRS

Have a Great Weekend