This blog is geared towards improving my trading knowledge and recording my trades. I am not licensed to give financial advice. Trade at your own risk. It is your fault for losing in this money game.
Tuesday, December 22, 2009
got stopped out of 6A and 6M at the same time almost. i saw it coming....6A was breaking down from a big pattern so i was "trading against the trend" and 6M was still inside a big pattern so i was basically trading when "there is no trend". im glad i made these mistakes so from now on i will avoid making trades against new trends from breakouts or when a pattern is squeezing price together right before a breakout.
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