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Whoa! A 6 Point Draw Down!

Facebook was the big hype today!

I actually bought a little myself. I have not day traded stocks in 10 years… But once FB opened it went straight down to 38 bucks a share… I heard on CNBC that the underwriters will not allow it to go below 38… Fine by me! I went long at 38.14. Rode it up to just below 41 a share for a real nice scalp! Great trade.

My Tick Trader System did not do as well.

Well it did not START as well. I had a difficult time finding a winning trade the first hour of the day! In fact, I was down about 6 points!

Nearly 30 ticks of drawdowns!
Well, I like to be done in the first hour of the day. Not always the case.

So I buckled in and started recovering.

It took most of the day. But we recovered and made 3 points profit…
YES! and after commish!
This is what sets my system apart from all the rest.

WE ALL take losing trades. BUT with my system we RECOVER and still make money! We do this all the time. Learning how to recover is paramount to your day trading success.

Kudos to all my students that did so well today.

Guys, this system IS the real deal. I realize you have a lot of options for trading education. This is the absolute last month to purchase The Tick Trader System online with LIFETIME SUPPORT! Learn how to REALLY day trade and make a profit each and everyday!

We will be doing a webinar next week and if you subscribe to our email list –
you will get the email

Enjoy the weekend

 

This entry was posted on Friday, May 18th, 2012 at 5:27 pm and is filed under Daily Trading.
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