| RESULTS FOR DAY | |
|---|---|
| Contracts: | 8 |
| Net $P/L: | -558 |
| Wins: | 1 |
| Losses: | 7 |
| Win%: | 13 |
| Avg$Win: | 34 |
| Avg$Loss: | -84 |
5 hours ago
Friday, November 6, 2009
Quit while I'm behind
11:00am CST - My Friday luck continues. 3 of the losers stopped out to within a tick and reversed to go my way without me to hit my targets. Such is trading. The good news is that I stuck to my plan, did not revenge trade to try to get it back, and shut it down for the day.
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Here's a chart I posted last night with my plan/scenarios for the day: http://chart.ly/h7fpeg
ReplyDeleteWhat type of nightly homework do you do to prepare for the next day?
Nice chart EMini - just read your blog posts too. I"ll have to see if eSignal has volume profile available. My "nightly homework" is really "morning homework" - plotting the daily pivots, closes of candles from earlier sessions, etc.
ReplyDeleteDon't worry we all have those trades where the market seems to know exactly where our stop or limit orders are only to reverse shortly after. Part of the experience I guess, but frustrates the hell out of me too.
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