Day Two

Dismal!

My strategy of picking companies at at 52 week low have produced the desired affect of exposing me to volatility, but unfortunately in the wrong direction. My rank is down in the 3oo,ooo's.

My currency picks in the Canadian Dollar have proved fruitful, while at the same time my picks in the Euro are backfiring against me.

The reality of the situation is that two things are currently bugging me:

1) My swing and position trading background is proving detrimental to my currency spot trading for the game. I have had to readjust my time frames from my usually daily and four hour outlook to looking at the five minute and the hourly chart.

2) Entering and exiting trades on an end of day basis is becoming cumbersome. There is the down time of the pending allocation, so it makes it difficult to enter and exit quickly.

Of the strategies discussed yesterday the 52 week low is the most promising. If the markets had gone in my direction I would have had some phenomenal returns based on the number of stocks in my holdings. I will stick with that strategy and attempt to make a composite portfolio of my best trading decisions in the coming weeks.

It's been a rough two days, but let's keep treking along. I look forward to seeing what the most popular stocks in the game will be come Friday. Have to keep my eye on the grand prize.