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December 14th Day Trading Results

15 Dec 2009

2 trades today with just a tick of profit. Another very choppy day. December so far has been very choppy and with holidays just around the corner this might continue. A few things that might jolt the markets out of this choppiness is FOMC announcement coming up this Wednesday along with some important numbers releases this week. During choppy markets, the best strategy is being defensive and not over trading. Also, it is during this time that traders jump around to different strategies and lose money. Don’t give up on your strategy, no strategy works perfectly well all the time.

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