No.. my brain has just left the building. This is why i shouldnt be trading right now lol im literally so frustrated with myself that i got the two mixed up, could have had a nice profit on that triangle effing ef
Intraday trading can be fun....i bought a single dow contract just now for 233 and sold it at 243 I think you just have to wait for the momentum to get going and go in the direction and fearlessly add whilst bringing up the stop loss point.
Consider longer-term adjustments as well. I mentioned here yesterday how I went in long YM for an overnight hold, and of course today it went ugly, about 2 grand total in the two positions under sea-level. But I didn't panic and am just hanging on, because I don't need to be actively trading every darn day. As of now the positions are back positive to $500 or so combined, and am going to keep hanging on until I reach my targets. I figure tomorrow will be a good rally afternoon IF the big tech reports tonight are good. Even if they are not, I still have 6 weeks to close the March position. My mind is also not finely tuned for actively monitoring the charts this week, which is why when I saw my entries fail, I decided to not act upon them. The FOUNDATION for the entries was there, but the timing was off. Just gotta' let the markets go through it's current spasms. Patience. *bangs head on wall* Hehe
I zigged when I should have zagged with that 'hedge' short near the lows, lol. Bit of a mess now. Need to wait until I feel I have a very clear read of the market before adjusting my positions!