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

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 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.

About Gav

A Father, Husband, Trader, and Blogger. A serious coffee addict. Started trading since 2005, trades Futures and FX.

Follow me at Twitter and Google+

Speak Your Mind

*