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.
Thursday, August 7, 2014
/ES 1.25 point loss
It barely hung in there for a little while, then it looked decent, then it sold down hard and I was stopped out for 1.25 points.
Wednesday, August 6, 2014
Missed an entry for a great trade
It would have been a nice, big trade which I feel like I am due for, a 12 point gain if I had gotten in at the open but I was waiting for a small pullback and it never came. I had a limit order to buy and price just shot up and didnt even hesitate until noon.
I missed another good trade a few weeks ago, pretty much the same scenario. I guess It will have to happen sometimes if I strictly follow my technical trading system.
I missed another good trade a few weeks ago, pretty much the same scenario. I guess It will have to happen sometimes if I strictly follow my technical trading system.
Tuesday, August 5, 2014
/ES 3.25 point loss
My losses are averaging double what they were during the early summer. But i dont mind as long as my rewards double too. I haven't had a big gain lately but I think I am due for one this week. My trade today looked good at first but then I was stopped out as the day became sideways. I took a 3.25 point loss.
Monday, August 4, 2014
/ES 3 point gain selling short
Price literally froze a few different times but overall the volatility was high. I sold short and after 45 minutes of me thinking the bottom should be ready to give out, it started dropped and I exited for a 3 point gain after price dropped well, then pulled back a lot to close past a trailing stop.
Saturday, August 2, 2014
Iceland
I briefly watched a documentary about how some greedy guys in Iceland, calling themselves the New Vikings, had a fairly significant influence over the entire world during the 2008 financial crisis. An Icelandic bank became worthless and that triggered the rest of the poorly run banks in the world to crash in 2008. I like how the building that was used for a meeting which ended communism in Russia was down the street from a beautiful, but vacant building which was built on lies during the 2008 financial crisis and when Iceland's finances exploded.
Friday, August 1, 2014
/ES 4 point loss
Another big day. Unfortunately price went the wrong way at first to stop me out before dropping really well like I wanted. From peak to trough it dropped over 22 points after I was stopped out. As I would expect, losses are bigger when rewards are bigger. 4 point loss, possibly a little less.
Subscribe to:
Posts (Atom)

