today i traded both markets, dow jones and nasdaq as well.
the first deal i put was long at dow jones (ym) - there was a strong selling pressure at the daily low. it was a solid intermarket situation - quite simple to understand as the (majority of) sellers is stupid public trying to push the price lower as a reaction to intermaket divergence. i am buying, going against it. the second deal on down jones was in simillar manner, but upside down.. breaking the high. here i screwed up the second target, it should have been closed much higher
today´s trades at nasdaq were pretty much quite allright except the second one, where i was unable to make risk-free state and lost 190 dollars although the price action showed the symptoms the market was going to move higher. i did not listen to it and and took a great loss. this trade was mismanaged very badly. it should have been break even at the end, not -190 usd.. anyway, shit happens and mistakes are here to teach us.
the daily result 255 usd netto
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