Lost control today. Was having a decent day, up about 2.5 R before the last hour, then came CECO. My bad habits of buying falling knives and revenge trading took over and destroyed the week's profit. The stop prices posted below is not what the real stop was while trading, it's given to reflect the correct Rs lost during the rampage. I was trading on impulse and adding to losers. There were no neat and clean stop numbers to look back on.
I need to learn to stop my self from trading when things go wrong. Got to control that urge to get back at the market.
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| (1.38) |
| (5.31) |
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| Enter | Exit | Stop | P/L points | Initial risk | R |
| short | POT | 113.75 | 113 | 114.3 | 0.75 | 0.55 | 1.36 |
| long | CECO | 25.04 | 25.38 | 24.7 | 0.34 | 0.34 | 1.00 |
| long | CECO | 24.54 | 23.9 | 24.3 | (0.64) | 0.24 | (2.67) |
| long | CECO | 23.86 | 23.1 | 23.5 | (0.76) | 0.36 | (2.11) |
| long | CECO | 23.67 | 22.6 | 23.3 | (1.07) | 0.37 | (2.89) |
4 comments:
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