Dummy day trading #11 15-August-2006:E-mini S&P:Long trade closed

First trade of the day was a loss, and I was a loser. However, I deserved the loss. It was the result of lack of discipline to follow my trading rules, that is never enter a trade during the first hour of stocks market opening. I was eager to enter Long trade of E-mini S&P given S&P futures/Dow/Nasdaq are having good gain after Core PPI number released.

One trade closed with 1-R loss. Though the R is very small for this trade, the result shows a serious discipline and trading mentality problem.

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Tradergav.com - Gav’s Better trading blog » Postmortem 15-August-2006 — Pingback2006-08-18 10:24:09 UTC

[...] Few mistakes were made yesterday. E-mini S&P trade, I was merely impatient to jump into the trade. I had an unknown agenda to trade. [...]

Tradergav.com - Gav’s Better trading blog » August 2006: Week 3 review — Pingback2006-08-19 00:12:15 UTC

[...] August 2006: Week 3 review By Gav It is time to review result of this week’s trading. It was indeed a bad week for me. Negative begining, facing discipline problem, missing trades and close a losing trade on options expiration day. However, I closed the week in black again [...]

Postmortem 15-August-2006 | TraderGav.com — Pingback2014-11-07 13:40:36 UTC

[…] mistakes were made yesterday. E-mini S&P trade, I was merely impatient to jump into the trade. I had an unknown agenda to […]

Dummy day trading #11 15-August-2006:E-mini S&P:Long trade closed

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