sfsamperi.blogspot.com

You have to survive

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

Saturday, April 14, 2012

Australian Dollar futures signaled me to exit.  I dont think there was any real problem with this trade.  It just wasn't meant to be.  $720 loss if i had traded one contract. 

Really screwed up with Feeder Cattle.  Why did i ok this?  I would have only lost $100 if i had traded one contract but still.  Price action was way too volatile.  Huge bars, tiny bars, not a steady stream of bars going SE like i want.  i dummy.

I need to focus on the steady price action that i know i should be looking for.  I really like it and can see it easily after a trade but i tend to get too lenient about it when looking for setups.

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