Tuesday, June 30, 2009

Trades 6/29 (Mon) - Manic Monday Wrap Up

6E
Used all my 6E gains for the day to make ONE statement.

Last trade was based on NO setup. Got my context and direction right, but without a setup, my entry was lousy. Sure as hell was exciting - not knowing what I was doing. I covered just before price turned back up coz that's the max loss I was willing to take for this clueless trade.

So, I need setups, not excitement.

Like I said, I missed my ES setup. Not chasing. Not selling. So, no trade. And feeling perfectly ok.

EP,
Removing my post about Ziad. I read it again. It does sound really mean. And perhaps even unfair to him.