Entered my short a bit too early!

I shorted at 135425 today as the stochastics in the 5 min chart was heading lower. Also the 15 min chart stochastics chart was in overbought territory and I thought it was going to be heading lower.

I was about 8 prices up at one stage but then the market went up and hovered around the previous highs of about 135850 or so before the stochastics finally turned in both 5 and 15 mins and tanked. I wished I had sold again then but after the initial loss, I thought I’d leave it for the remainder of the day.

Loss of -8 today!

25th-march.gif

Did you like this? Share it:

Related posts:

  1. Bank holiday trading
  2. More mistakes – S&P emini trading log
  3. S&P trading blog – entered at the right place but exited the wrong place
  4. Up and down, luckily I was on the right side of the market! S&P Emini trading
  5. Keeping the emotions under control – daytrading the S&P

Tags: , , , , , , , , , , , , ,

Category: Emini futures, Make Me Some Money Ideas, money, Trading