Posts Tagged dow
A few days later after my long trade with EURCHF which should have yielded a nice 180 pips (of which I took none... see previous post for reasons).. another trigger was initiated but this time on the short side. The stochastics crossed and the trend line indicated short. I went short at 1.6275 with a 50 point stop and a 50 point target.
The market fell sharply and I took my profit at 1.6235 for 40 points! I am still unable to ride the trends.. I was thinking it being Friday and the market b
May 30, 2008
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Today was a bad day for me to trade.. I didn't feel right, I felt a bit fed up with the whole trading thing. I see periods when I am doing ok and periods when I am doing lousy and altogether, I am not sure if I am making progress or wildly stabbing in the dark.
Anyway, back to the DOW today. I went long at 12754 and got stopped at 12736 for a loss of -36. Once again, I went long at the top of the pullback....
Then I read the comment from Stephen McCreedy (thanks for the comments in a
May 21, 2008
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That's how I'm feeling at the moment! It's funny how the joy of winning doesn't compare with the feeling of depression and despair of losing.
I did ok yesterday and today, I lost but I feel much worse today than the joy I experienced yesterday. In fact, I expect to at least be up every day so unless I make a lot of gains, I don't feel any joy or pleasure in my trading winnings. For those that follow my blog, you'll notice that I can't seem to ride those winners well so there is hardly ever an
May 20, 2008
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