|
Gross: |
$ (450.00) |
|
|
Fees: |
$ (57.60) |
|
|
Net: |
$ (507.60) |
|
|
Contracts: |
24 |
|
So today I learned the risk of a large trend day. I traded the same way as I have been the past couple of days, but lost huge on an opening trend down. As of right now the ER2 is down 11.2+ PTS! It swung above the VWAP, then went below and stayed well below all morning. As a result I went long three contracts at a retraction from the bottom (which previously indicated a rise to above the VWAP), and the bottom just kept falling out. Didn’t trade much after that, as I couldn’t tell if each dip was a dip or a trend. Will keep learning tomorow
Karl,
I’m enjoying reading your daily trading reports, and your reflections on what went right and wrong, and what you were thinking. Keep it up! Thanks.
Bob