2006 November 09 | Gav's trading blog

Archive for November 9th, 2006

Postmoterm 08-Nov-2006

Posted on November 09th, 2006 in Uncategorized

Prejudice. I always have this problem when I am looking for trade. Today’s action showed my problem again. subconsciously, I was thinking the market “Should’ sell down. The “Should” limited me. I was not flexible to look for other trading opportunity. Because of this ‘Should’, I gave myself a lot of excuses, like ‘ moving [...]

Tags: Trading Psychology

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Dummy day trading #39 08-Nov-2006: ES Short trade closed

Posted on November 09th, 2006 in Trading Journal

After gap down, and downtrending moving averages I was looking at short opportunity. I shorted ES, however, I was stopped out immediately. One trade closed with 1-R loss.

Short below the low of 6th bar, which was resisted by 5-EMA.
After short position was stopped out, ES formed a channel with higher highs and higher lows. I [...]

Tags: Dummy Trading E-mini S&P, Trading Journal

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