This Day Was Full of Chunky Trading Opportuntities
by Tony on Nov.02, 2009, under The Gooch
Unfortunately, I traded very small size and didn’t catch the big move down, hence my measley P&L for the day. Today is a perfect example of why news should be ignored. The econ data was very good, however, the market turned over mid-day. I suppose that’s why I did not milk the move down- I was expecting the dips to be bought. It’s unfortunate because I love raping bulls, however, I was the bull today- shame on me. The a.m. price action and the fact that there is a lot of short interest in the market led me to believe the market would squeeze higher and retrace much of its loss from Friday.
Bottom line, I should have made a few thousand dollars today, as there were several “mandator trades” I should have taken, including a few triangle breakdowns.
Below is my P&L for the day since I said I would post everyday.
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April 4th, 2010 on 3:43 am
Ничо так…
The econ data was very good, however, the market turned over mid-day. I suppose that’s why I did not milk the move down- I […….