Big bounce today.
I watched GS all day -- as I should have, being the 'in play' name -- today's open was low of the day -- eventually going on to push up about 8 points.
MON had buyback news -- up 2 points.
It really helps to be in news-driven stocks as that's where the volume is.
Overtraded today with nothing to show for it.
I am mostly in cash, no big blow ups. I can continue on next week. Focusing on
2) order flow
3) market signals
4) risk management
Today I did well not to lose a lot. I did poorly not letting the one main winning trade move up. My initial ideas - -HUM and MON were good. So just need to follow through with picks like that.