2 wins and 1 loss, but it was oh-so-close to 3 wins. So I think I traded well today, despite my futures shortcomings. This video recaps my two main problems in the futures arena, and goes over the trades.
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on Monday, October 15th, 2007 at 4:12 pm and is filed under Trading.
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u said that u r the type to always think a reversal of the trend is about to take place…at least u don’t do like many of us, and actually fade the trend…i took two losses today, and both were contrary to what made me money last week…the 1st trade i chased a breakout, and then i got caught fading a the trend (which was up)…tomorrow its back to basics
Yeah, I don’t fight the trend… I just have trouble believing it will continue. Still, my loss today was an attempt to jump on, and it almost worked. We’ll see if I get any better at it.
Yeah, I know what you mean richard.. I have the same problem as I think the trend might change and I take the smallest, 1 point, at times and get out but when it comes to losses.. i wait for to reverse which increases the losses and the overall result comes out negetive.. can check my blog for my system.