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This chart today is an example of when things go right. When I am watching the markets - see a possible entry - have the guts to believe I am right - place the order and the trade works as expected. The only short fall of this trade is I used a trailing stop that was a bit too close and not really my rules when using one. I either use a fix 30 point profit target or I will trail after a 15 gain using a moving average on a 89 tick chart. I could have net about 15 more ticks out of this trade. Why did I not completely follow my getting out rules - again my head was not clear from the mess of the 18th.
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The two previous buy points on the charts I did not take because I was not watching at the time. Also in hindsight - the other indicators had not turned to buy yet.
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There you have it - two screw ups by me followed two days later by a near perfect trade by me - Wax on/wax off.
1 comment:
Lol @ wax on wax off! Nice!
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