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Postmortem 10-Jan-2007 : Missing the forest again? Maybe not…

by Gav Leave a Comment

Did I miss the forest again? By looking at the chart of NQ after closing bell, I “should have” earned couple more Rs “if” I hold on my position instead of moving my stop to lock in early profit. (I would have been stopped out also even though I only moved my stop to break even point). NQ did a weak pull back by breaking the trend cycle for a while and stalled at previous day’s high for some time before it continued moving up in the afternoon.

Well, for this trade, there were couple of signs that prompted me to exit according to my game plan. So, what can I do? I guess that’s the only sum of money the market was willing to give me.? On the other hand, maybe I should consider making a couple of trades after lunch hour as well… but well, it would be around 3am in Singapore…..
Not so “happy” by missing the afternoon move, but pretty satisfied with my game plan execution so far.

Filed Under: Rant Tagged With: Trading Psychology

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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