ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Never ever again trade during a FED news release. 
I stayed out of the market during the release, but re-entered too early and lost roughly $2000 during minutes.
After taking a breather I actually followed my plan and did some damage repair by taking slow and steady profits for a total of $1067,50 for the day. Still down $1325 for the day though.
I`ll take it as a "cheap", but very exhausting and expensive lesson.
I stayed out of the market during the release, but re-entered too early and lost roughly $2000 during minutes.
After taking a breather I actually followed my plan and did some damage repair by taking slow and steady profits for a total of $1067,50 for the day. Still down $1325 for the day though.
I`ll take it as a "cheap", but very exhausting and expensive lesson.
Quote from Airwaves:
Fed trading's not for the faint hearted
I bet you were buying the hell out of that initial dip after the FED announcement!!? lol. Must have been another great day for you. You should honestly just retire. I would!!
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