Pirate Trading

Had limited time to trade today as I was mentoring a young student in the field of my "other" job, that of Real Estate Appraisal. Did manage to get in a noon time bond trade for +2 ticks. Shouls have been +3 but I mistakenly put in a market order instead of a limit order. After some discussion with teq, we decided to alter this trade set up some to take advantage of the movement of the bonds before they hit the exit target. Instead of doing an "all in - All out" trade, decided to take 1 car off at + 2 ticks & reload if it goes back to the entry target before hitting the exit target. Have seen this happen several times in the past. This way we will at least lock in something if the bonds turn against us. Will monitor this change to see if it adds to the bottom line like I think it will.

Markets are closed tomorrow for Good Friday.