The worst mistake a trader can make is the mistake that producing profitable results. Yesterday’s trading was the worst session since I’ve started day trading. It was the worst performance, though no financial damage. I did not have huge loss, instead I ended the day in black.
Few mistakes were made yesterday. E-mini S&P trade, I [...]
Thanks Jay from bannronn.com for notifying me about the inconsistency of my site URL. I have since made the change.There should not be any problem for reader to access my blog.
However, for those who are kind enough to add me into their blogroll , please do me a favour by changing my URL from [...]
This is the last trade of the day. Long position of E-mini Nasdaq was established above 9am(chicago time) reversal down candle. Trailing stop was moved to break even after 1-R gain. Subseqently, I did not wait for 2-R gain and decided to closed the trade with 1-R profit with the same consideration as Dow mini [...]
Long position of Dow Mini was established above the 9:00am (chicago time)reversal down candle. I decided to closed the trade at break even point as I do not like to see a doji immediately after the initial entry candle.
Secondly, given the consideration of Core CPI report which is due tomorrow, it might limit the upside [...]
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