Think the market bailed me out a bit today with some fast moves that I was lucky to be on the right side of.
It felt like it could have easily been a day where I was just continulously stopped out for losing trades. Don't feel like I have any sort of 'edge' if i'm honest. Not entirely certain...
It's my dream to become a consistently profitable trader, but i can't escape the feeling that it's actually not possible in the long run (short of insider info!). Can't read the future from my charts, though I try!
I'll probably never completely give up, though!
carried on trading. down 20 points on teh day, now!
9 losing trades in a row! Just kept stopping me out.
Guess I got caught in a nasty chop (you only ever know it's 'chop' after the event, though :()
Still, Positive for the week I guess
not really feeling it today, so might call it a day here.
1st trade, short on break of support -stopped for -4
2nd trade, pre-empted break of deman line - +7
+3 overall/
so far so good.
Don't know where to take profit....
Will it go back up and stop me out, though?
tempted to put stop at breakeven now, but whenever I do that, it takes me out for BE and then carries on down, lol
So far today.
1st trade offered me 7 points at one point, but I held onto it and it reversed all the way back and hit my stop! -4.25
Next trade was nice. +9.5
such volatility, ended up trying my luck some more. Bad discipline!
Better result in the end, though.
Day now stands at +12 points, and that's definitely it for the day, now