Monday, April 23, 2007

Evening Wrap Up

+101.00- which means the bleeding has stopped, for now anyways.

Today not much worked for me. Gains in MVIS, STKL, and GIGM were eaten up by small losses in PMTI, XING, and HANS. ONNN closed at my entry point.

As best as I can tell without all my Nasdaq volume information in yet, today was a healthy consolidation day on lower volume. As for my trading, I felt much more in control today. Over the weekend I did a lot of thinking about how much risk I am willing to take on in each position. Once I decide once and for all about my position sizing, I believe it will make me less emotional and less frantic.

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