..sometimes you just cannot make it
today it was a loss. i started the day with a loss and i finished it with a loss. i traded only half an hour in the late hours and anything i did today was pretty crappy..
the first deal was here - loss 200 usd. but it was correctly managed. the market moved lower and strong auction took place at low of the bar - it tells me i should define the stoploss orders
of course it moved up after it filled my stoplosses. then i sold short the daily high but the price moved only for the first target and then continued upwards, the result of this trade = zero. the last trade was actually a reentry as i noticed the buyers were not strong enough after breaking the highest high. their power to move the price higher weakened. moreover, i observed other symptoms of a reversal that was about to happen. but the trade was not managend correctly. the targets were closed too early..
the result is -40 usd, which is quite ok at the end of the day.. but it could (and should) have ended in profit today
No comments:
Post a Comment