Tuesday, April 12, 2011

NQ -81

I lossed -81 on NQ this time because I went short at 2264 avg. I had 3 contracts and kept holding, I was hedged on ES but got stopped out hedge on the way down. I took a loss of -1620 on this trade and b/e on hedge!

This trade occured because I reshorted without a clear short signal from my system. I had made +20 and reshorted the same area 2x. Never reshort the same area unless you see market is stucked in a range. I had this position for a long time.

This trade was motivated by greed to hit my pivot to the T.

17/19

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