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

March 26, 2007 – 10:49 am

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.

Journal note: This is a bad trade. Firstly, It was too late for short entry. And subsequently, a long setup was formed and it was not taken. There is a need to establish a method to identify a new setup when one setup failed. Be flexible, I need to learn.

From the desk of Tradergav.com


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