Tuesday, May 12, 2009

Catch 22

3:00pm CDT - Not bad considering the 4 losers were all in a row this morning. My only mild regret was taking a long trade off at 903.75 around 1:50pm CDT. Neither my 5 min. or 1 min. charts showed any bars with lower lows so the up trend was clearly in tact. This is something I always wrestle with - to let profits run or to take the money and run! Most times when I stay in, a pullback occurs and a trailing stop gets hit below where I would have exited. Such is trading... a never ending Catch 22!

RESULTS FOR DAY
Contracts:7
Net $P/L:44
Wins:2
Losses:4
Win%:33
Avg$Win:84
Avg$Loss:-31

1 comment:

  1. Tell me about it...I was long from 900.50. Need to really work on my exit strategy

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