Wednesday, March 3, 2010
Hello everyone. I had a losing trade today. I haven't had a losing trade in awhile - and especially not one this big. It's disappointing, but managable and certainly not a deal breaker.
As I look back at my trade, I can see several fundamental things that I could possibly have done differently, but as a whole, I simply missed my profit target by one tick (0.25 points) and it turned against me and stopped me out at my stop loss. Over the following hour, the market went back up and I could have had a winning trade, but we are not hour-long traders. We trade in short bursts and make money quickly.
Regardless, I'm looking forward to tomorrow's trades.
Please feel free to contact me with any questions. See you back here tomorrow.
Kevin
kevin@marketmovertrading.net
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