Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
Long signal still in vogue here.----Patience---
Current price 2340.00
A bit of a struggle getting off the ground today> Current price 2340.50. No sell signal presented yet, so long still in play here.
I'll check back in later. Have a great day. Continuing the long position that I have from 2272.50. Stop remains 2267.00
Patience appears to be winning the day so far. Current price 2345.00
We've still got some time left today. If the closing is strong, then that will typically be good for bullish bias going into 3 day weekend
One of the things a trader needs to avoid is frustration. You just need to eliminate it. For example when you are trying to ride a nice trend into the close and a new high is made and then price pulls back quickly by a pt and a half, you just need to relax. If the trend is good, it will recover. If not, then you have your stop. Quick pullbacks like the one that just occurred are rarely trend reversals. ---Price currently 2246.25
Out Out Out!! 2347.75
Profits are always good, but you risked 9.75 points to make 6 points?
Not making fun, just surprised?
This was just a call not a trade. I am already fully committed capital-wise to the long I hold from 2272.50. ----but to answer your question, the intention was for the market to run farther than that.
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