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Postmortem 17-Jan-2007

by Gav Leave a Comment

[photopress:NQ5minfull.jpg,thumb,alignleft]I have only made one trade today, after watching market till lunch hour, I decided to call it a day. No fun. It was a choppy morning. Yep, I got stopped out. In fact, that was a low probability entry. Setup was formed within a trading range. A better entry would be waiting for NQ breaking out from the range. But well, I was struggling between “higher lows” vs “trading range”…..It, in fact, looks stupid. Maybe I was just finding excuse to trade.
I will be extra cautious and patience, since it is options expiration week.

I did not have a valid entry for the afternoon sell off, so nothing was missed.

Filed Under: Rant Tagged With: Trading Psychology

Reader Interactions

Comments

  1. sJ says

    at 4:33 am

    Sometimes we get tempted to buy stocks feeling at it as a low hanging fruit but it is not ๐Ÿ™‚

    Dont get sucked into it. Do thorough research !!

    Reply
  2. sJ says

    at 12:33 pm

    Sometimes we get tempted to buy stocks feeling at it as a low hanging fruit but it is not ๐Ÿ™‚

    Dont get sucked into it. Do thorough research !!

    Reply

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