Dummy day trading #64 26-Mar-2007: NQ Long trade closed
March 26, 2007 – 10:35 amThe 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 to post the chart this trade. Messy chart. One trade closed with -1 R loss.
I did make a mistake in this trade. In my premarket analysis journal, I have in fact, determine some levels of entry. And when I saw an opportunity, I totally forgot about these levels. So, I wasted the time and effort of my premarket analysis. DUMB.
From the desk of Tradergav.com
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