Well, everything is still down.
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Trading Journal
Tough
It is a difficult trading day for me. I can’t figure out the situation. Give up. No trade today.
Trend Table 01-Mar-2007
Nothing much, everything is still down.
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Dummy day trading #59 28-Feb-2007: NQ Short trade closed
I decided to make an attempt when NQ goes below opening low again. Short position was established around 951am during the first pull back of new downtrend cycle.Too bad, I was stopped out.
One trade closed with -1 R loss
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I will stop trading for the day and get some rest. I am preparing monthly review now.
Trend Table 28-Feb-2007
No comment. If you have followed the market recently, you should know. We are likely to see a rebound day, in fact, futures markets are in positive now. I am not sure if I am going to trade today. At least, I wanna see the dust to settle first.
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Dummy day trading #58 27-Feb-2007: NQ Short trade closed
Short position of NQ was established around 1116am. I did not expect too much out of this trade as we have a big gap down which took out yesterday’s low as well as last week’s low. Cash market has been losing more than -40 points. The real profit started from premarket , too bad, I was not ready to trade.
Trailing stop was moved, and was triggered around 1140am. Well, uneventful day. One trade closed with break even. 0 R.
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