Good Afternoon folks! What a wild ride in the markets last week. I hope that you guys all stayed out of the mess and nobody got dinged up too bad. I tried very hard to curtail my trading activing on thursday and friday. Days like that I like to really lower my risk profile Ill take a trade but really limit my risk to 100-150 dollars on my stop loss that way if things dont work out I walk away with a small loss for the day or on that trade and if it does work..i can leg in or ride the stock down and take a bigger gain.
% gains last week
russell2k – 3.8%
nasdaq – 3.24%
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