Archive for March 26th, 2007

My Dummy Trade Fest I

Monday, March 26th, 2007

Over the past few months, I have made a number of dummy trades. If you've read my blog, you know I have posted all my winning and losing trades here. It is very important to note down your bad trades in your trading journal. However, I think it is good ...

Dummy day trading #65 26-Mar-2007: NQ Short trade closed

Monday, March 26th, 2007

Short position of NQ was established around 11am. Trade did go in my favour, however, it was slow. I trailed stops and get stopped with -0.27 R loss. [photopress:NQ3min26mar2007.jpg,full,alignleft] Journal note: This is a bad trade. Firstly, It was too late for short entry. And subsequently, a long setup was formed and ...

Dummy day trading #64 26-Mar-2007: NQ Long trade closed

Monday, March 26th, 2007

The first trade of the week is a -R loss. I got in long position of NQ a couple of minute before 10am (right before home sales report released). Am I right or wrong for the timing? I don't know, but I don't trade on news, anyway. I am not going ...

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