Successful Day Trading - MyTradingCareer.com

December 7th Day Trading Results

In: Trading

7 Dec 2009

Just 1 trade today, stop loss and we were done for the day. Monday started exactly how we had thought it would be. Slow and very choppy. With no news data coming out in the next few days as well, hopefully we will not be as choppy and slow. The market was pretty much dead with no moves till around 2 pm. It is extremely important to be careful on days like this and not overtrade. Most new and experienced traders have trouble with choppy days and suffer their biggest losses. It is crucial to learn when to stop.

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