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Dummy day trading #22 29-August-2006: mini-sized Dow: Short trade closed

by Gav Leave a Comment

Another lousy day. Short position of mini-sized Dow was established below 10am(chicago time) candle. Dow mini did move in my favour and it was 2-ticks away from my 1-R break even point. AGAIN?!?!?! So near, yet so far….
I am especially cautious this week. After seeing position stalled for an hour and FOMC meeting is scheduled at 2pm, I decided to cover the position with tiny 0.15-R gain.

I am pretty good in making my broker happy huh?

Time for me to catch some sleep. Postmortem will be done later.

[photopress:mini_dow_30_min_trade_closed.JPG,full,centered]

Filed Under: Trading Journal Tagged With: Dummy Trading Mini Dow, Trading Journal

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