Tuesday, August 21, 2012

8/21/12 Tuesday

It is a VERY BAD day for me. I didn't follow my plan which was to reduce the longs at the opening. I did the opposite and I pretty much averaged down losing positions. I shut down the application and I need to think about a way to get out! I drank two bears already and am still at work! Trading is no fun when the direction is totally wrong!
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1 comment:

  1. SoullfireAugust 21, 2012 at 5:01 PM

    Don't panic. That is what they want you to do. By my analysis, the uptrend isn't over. We needed to exhale since the Bulls were getting too comfortable in a one sided market. IMO, are entering reload territory for longs.


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I've become a very mature trader after trading in the stock market for 12 years. I've been very focus and only trade E-min futures a...