My New Trading Plan

Hello and welcome back to my little trading blog. As I said in my last post I have updated my trading plan and hopefully have a new strategy for success. As I have in the past I hope to use this blog to detail my daily trades and ideas and use this space as a detailed trading journal. Of course I hope to also get feedback from all of you out there on my ideas and trades.

So without further ado I present my new plan. This plan is much different than anything I have done in the past and is much more short term in nature than my past strategies. First I continue to get new trade ideas from the top daily percentage gainers and losers in the NASDAQ and NYSE. From these I build a watch list that I monitor on a daily basis. Currently this list contains 38 companies. On a daily basis I monitor these companies and trade on a variety of indicators. Currently I am baseing my t...