Could someone tell me which software this comes from?
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Trader P/L 2010
- Thread starter Robert Weinstein
- Start date
Could someone tell me which software this comes from?
One-way days are killers for me. I told myself not to trade on one-way days (no volatility but continued step-up or step down), but I think I'm just too addicted to the action, plus there was a volatility and a missed trade earlier (on AMZN) that would have produced a nice profit which may have influenced my thinking that it's not a one way day, at least if I stayed with AMZN.
What about stop-losses? I violated them. Even my time limits. I don't average down (which is a very good thing), but I have found a new term to violate my stop-loss today. There are actually three mental entries on this trade, hence 3 stop losses that all hit at the end of day. I almost justified holding overnight, but this market is oversold and a continuation move could happen tomorrow morning only to increase my loss even more.
Sorry for the rant. Horrible day. I may take a break, so no posts for a while... Good trading.
PS: one-way days are awesome, too. Just find a stock (like AMZN) that was lagging the move on the indices. It will get dragged by the market. As they say, a rising tide lifts all boats. I just haven't traded the long side for a while and I'm blinded by a bearish glasses. Very sad....
What about stop-losses? I violated them. Even my time limits. I don't average down (which is a very good thing), but I have found a new term to violate my stop-loss today. There are actually three mental entries on this trade, hence 3 stop losses that all hit at the end of day. I almost justified holding overnight, but this market is oversold and a continuation move could happen tomorrow morning only to increase my loss even more.
Sorry for the rant. Horrible day. I may take a break, so no posts for a while... Good trading.
PS: one-way days are awesome, too. Just find a stock (like AMZN) that was lagging the move on the indices. It will get dragged by the market. As they say, a rising tide lifts all boats. I just haven't traded the long side for a while and I'm blinded by a bearish glasses. Very sad....