I bought higher lows in uptrends...BURNT. I shorted lower highs in downtrends...BURNT. I bought breakouts...BURNT. I shorted beakdowns...BURNT. I don't know what else to do. -200
I would like to give a big thanks to all the men and women who have served as well as those that are serving right now for our freedom !!! not a bad day considering I was up all night trading the HSI. I was able to spend time chatting with some great guys about forex so it was well worth it. + 3887
that includes a loss on Q's (400) and a loss on drys (350) and a near catastrophe in ECA long at 47.71 --yes thats the high for that bar--down $1 instantly and it came back up to allow me an exit. SO happy overall I could make it back out of hole. Traded well overall and to me I feel good.
Another disappointing day. I was doing fine with my SDS until close to 2pm when the market took off and I was stopped out. I should have taken profits when I had them. Better day tomorrow. -$156
Here's my trading mantra: when in doubt, do nothing. I probably will get flamed for saying this but once you learn to feel the vibe, you'll see the market with a different set of eyes. For example, once you stick your finger in a running water, not only will you be able to tell in which direction it flows but also how fast. Keep in mind that market does indeed have its own underlying rhythms. Good luck!