Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Wednesday, April 5, 2017

-.5RR

Long, -1R, Long again, scratch. Short, +5RR after some silly thinking about where price might go....

I was expecting price to hit 52.80 today before finding resistance which is where my long targets were....never got close before inventory and whatever the number was, it sent price straight down.

It took a while to get something I could trade with relatively low risk. That trade was entered and I left the house. When I got back, the trade had closed itself with .5RR profit. Turns out, I had used an ATM on the OCO order....it trailed out at some point. Needless to say, I thought I had gotten rid of all the auto trails as they are anti-profit strategies.

Cheers.


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