unlike the paper trading no load mutual fund dollar cost averaging world that our mods apparently live in, tonight can't be summed up by, 'golly gee, that wasn't a walk thru the meadow, i think i need a nice tall glass of milk'. i'll do my best.
i traded REALLY well and had a very good feel for things the entire session. was up $2,400 and about to call it a night. decided to do that last trade to get over my old daily target of 2500. stopped out. i then reverted to my favourite method of self destruction: identifying a clearly ballistic trend and then fading it to see how fast a can get stopped out- over and over. to -200 in an intercoursing heartbeat- idiot. back to +1200 and now actually in a good trade. i changed my stop from 2 to 1 contract- OR SO I THOUGHT. the '2' stayed- yep, stop was 21 intercoursing contracts. and was hit in a spike down immediately- took me like 10 seconds to comprehend what i was looking at on my DOM. this is the HSI- 19 contracts is ~$1300 every 10 points and it was moving 100 points/minute at the time. intercourse me. boom- down almost $5m. in 10 minutes from +2400 to -5000. good guess.... i kinda snapped.
i took on WAAAAAAYYYYYY too much size (traded 4-8 contracts). aside from that, i somehow traded pretty well and, in 15 minutes, got back almost 5m of the 7m (not exactly proud, as sizing up after a loss is violating rule #1). HK closed and, violating more rules, i turned to the DAX. immediately dropped $700 and was lucky to get it back; as i was trading like an intercoursing idiot. i'm so urinated and demoralized about the way i gave back a well earned 2400 in a few minutes- i'm in no frame of mind to be trading. hopefully i'll shut it down here.
why all the detail (aside from my need to vent).... because if there were ever a P&L blotter that didn't tell the tale, this is it: