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

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Friday, March 10, 2017

Scratch Day

Sheesh, I was long from 49.51, stopped out to the tick and then price ran straight to my target which was the HOD plus some.....but after the stop, I figured I was wrong so I SOLD 49.51 which was stopped out on its way to my LONG target. Down 1.5RR

Then I sold 49.51 quite a bit later, stopped to the tick, Down 2.5RR. Finally sold again held for 2.5R gain and closed out as I ran out of time for trading. Original short target was 49.80 which it finally reached.

BAD execution today, good ideas with poor execution nearly always results in losses. I'm lucky to scratch today.