Day Trading Results 8-19-2008

Al's picture
August 19, 2008 by Al

Today ended up a positive $5 dollars.  Again all of the volatility in the market was reserved for the morning traders.  After being up $21 dollars in two days, I am getting that day trader itch to change my system.  But, I have been doing this long enough to know you must embrace the uncertainty in order to be a successful trader. 

Day Trades for 8-19-2008

IVZ .04%  -$4 (Commissions)

UNH .16% +$9

Total Gains for the day: $5

Day Trading Lesson for the Day

If a stock fails at a whole number three times, it is probably a good time to sell.

Good Luck Trading,

Al Hill