Postmortem 29-Jan-2007: Lack of patience

January 30, 2007 – 10:48 am

Nothing much to write about today’s trade. It was the result of being impatient to wait for a good setup. I took an very poor setup. I am not going to think too much over this trade. In the business of trading, you pay for your mistake. 

I start testing my strategy in E-mini Russell 2000 futures. The tick size is bigger though. I am still reluctant to trade YM (mini-sized Dow futures) as I don’t when will the exchange down again. I am really afraid of that.

From the desk of Tradergav.com


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    2 Comments »

    Comment by Edward
    2007-01-31 01:18:26

    Gav,

    This was a tough choppy morning with few genuine opportunties for decent sized moves.

    Tedders

    Reply to this comment
     
    Comment by Gav
    2007-01-31 07:50:52

    Yeah, today (Tuesday) is no better. I can’t find any good setup at all.

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