Archive for February 14th, 2007
Wednesday, February 14th, 2007
"What do you want?" I am asking myself after closing the position. In fact, I had two entries to go Long NQ futures. I gave up the first one which appeared around 10am. Reason being I had a bearish view of NQ given longer time frame looked rather bearish. So ...
Posted in Trading Journal | 4 Comments »
Wednesday, February 14th, 2007
We have some positive change in index futures. Other than NQ which looks rather weak for the moment, YM, ER2 and ES are showing some strength.
[photopress:MidWeek14Feb2007II.PNG,full,alignleft]
Posted in Trading Journal | No Comments »
Wednesday, February 14th, 2007
Here is another piece of trading rule from Paul Tudor Jones, quoted from Market Wizards: Interviews with Top Traders.
The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are ...
Posted in Uncategorized | No Comments »