Monday, July 2, 2007

July 2nd, 2007

5 trades, 2 scratches and 3 losers for a net loss of $243.60. Another day where I either closed out winning trades too soon or just jumped out. Also a trade that shouldn't have happened, one of my rules is to never reverse and or chase and that is exactly what I did on my last trade. As a result only 1 car trading until I am back positive for the month. I didn't trade Friday due to stress from my personal life that I didn't' want bleeding over and I might not trade the rest of the week because the volume and action today was just too slow.

A visual:

June 28th, 2007

2 trades, both losers for a net loss of $257.44. Had 2 stops at the very beginning of the day and stopped trading. I didn't want to be in the wrong mental state for the fed announcement and turn a 250 loss into a 2500 loss. I shouldn't have been trading those setups to begin with, it broke 2 of my rules 1) trading in the first 15min and 2) forgetting that before the fed its pretty choppy but I was a little too confident from the day before.

What today looked like: