CL Redux

Quote from Picaso:

Great!

Just got myself into a mess.

Went short at .59 via stop, was thinking of canceling and going long in the light of the lack of ooomph... but got filled.

So far so good (kind of).

Then, seeing it wasn't breaking, went to tighten my already tight stop, but somehow, instead of clicking AND dragging, I simply clicked, which canceled my stop!!! :(

I thought however that my stop had been triggered while trying to tighten it, bu then checked my trades window and realized what had happened.

So now I'm in deer-in-the-headlights mode with a position 300 USD in the red - which for me is a lot.

I don't know whether to cut my veins or to leave them long
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Just get out.
 
Quote from Visaria:

how did you enter at 59 when the low traded was 60?
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I'm that "good" :D :p

Yep, I should get out, just can't bring myself to do it - burning my last cartridges. This is a new low for me, I thought I was way past this. :(
 
Quote from Picaso:

I'm that "good" :D :p

Yep, I should get out, just can't bring myself to do it - burning my last cartridges. This is a new low for me, I thought I was way past this. :(
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obviously my detailed trading advice meant nothing, hope it works out
 
Quote from EON Kid:

obviously my detailed trading advice meant nothing, hope it works out
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Actually I was looking for a long. Didn't get filled at .85 and .71 on the bounces. Then thought of just placing a sell stop below the LOD in order to trade the momentum, not my bias.

Which of course is no excuse for not closing the trade once I realized the position was still open.
 
To top things off I lost the internet connection

Thanking my lucky star, I've introduced a stop to close the position at .92

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Out at .87 (-280 USD) - I had moved the stop to .81, but it was a stop-limit and didn't touch the limit (was .98 I think), not sure if that sudden spike was induced by this (probably just going paranoid)

Thanks to everyone for the advice - and for not giving me hell, very glad I don't trade the ES right now

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Sold the low to the tick and now stopped out to the tick on the bounce... gotta admit I have a knack for picking tops and bottoms :D :p

Edit: incidentally I had reentered an order to short the LOD (at .57) that perfectly marked the beginning of this new bounce :D OK, that's it, I'm quitting trading and starting drugs (you inject pot, snort heroin and pop coke, right?)
 
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