Posts Tagged Trading
Unfortunately, I think I must be the owner of this title... I traded again today but all the lessons which I've learnt in the past seem to have been forgotten!
I did end up with a small profit today but it was just luck.
Firstly, I bought when the market was going down... the whole trend was down and I went and bought which wasn't clever... I ended up -19 points on this trade. I had no reason to buy... what on earth am I doing? I really felt stupid with this trade, it's obvious from the
August 11, 2008
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I also make a couple of trades on the Dow for a total of +17. The first trade was a short from 11642 and I took profit at 11634. The second trade was a long 11636 and I closed out at 11645.
July 23, 2008
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I shorted the market at 11502 and for a while it was doing ok, it went down and was 15 points up at one stage. Judging by how much I dislike this trading instrument (I really need to ween myself off it) I was keen to move the stop to breakeven as soon as I could as the market moved my direction.
Anyway, the Dow being the Dow took out my stop which was 11502 for a scratch trade! I think the market is heading lower though...
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July 22, 2008
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