正文

02/03 - good stop = good day

(2005-02-03 08:04:53) 下一個

I traded in the morning. I realize my problem is stop loss when I lose in the morning. Morning trend is difficult to catch. This morning I did very good. 1 lose 3 wins. And my stop loss is excellent: long at 1520.5 stop at 1519. After that I switched to short with good result. The good stop boosted my confidence. Now my account approaches to ATH. I am very nervous and anxious. I'll take a break and only trade the sure ones to break through. PM works better. First I reduced the trading size to calm down myself. After few tries to test water, I jump back in with normal size. My problem is that I am way to eager to cash out. Long at 1508 and out at 1512. But anyway, account made ATH! Cheers!

Today's success:

1) good stop
2) followed trend. These few days market is in a range trading mode, including today. Trade in PM works because I tend to trade against trend. If morning down, then buy PM. vice versa. This AM I followed trend. Stop my long and switch to short once the support is broken. I was nervous and shorted three times! Made 7/14 = 50%. Normally rated A trader can expect 30%. This is certainly a good morning.
3) know myself better. I reduced trading size in the PM.
4) I hold well at the last trade in PM. 4.25/7.5 = 56%. Happy.

Tomorrow is a Friday. Should be another narrow range day. I plan to watch, unless there are sure trades.

[ 打印 ]
閱讀 ()評論 (0)
評論
目前還沒有任何評論
登錄後才可評論.