sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Thursday, May 5, 2011

oil is finally crashing a lot today.  thats good for all of us. 

just got out of my EWO trade because i realized it was in a weak trend.  i entered it with a market order this morning.  WHy did i want that trade?  i took a 1.7% loss on it.  should not have entered.

exited my long M6E trade which closed below its 20 ema with a large bar today since oil close way down today.  i got a 0.4% loss.  i entered late on this trade just because i really liked it.  if i had seen this setup at the right time, i would have just exited for a small gain.  oh well.  i guess ill stop entering trades late and just watch them from now on, so it doesnt make my performance look bad.

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