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RE: SIMSCI 13-June-2006: Short trade closed

by Gav Leave a Comment

[photopress:simsci_12_exit.jpg,full,pp_image]

I have closed my short position at break even point 273.1, SIMSCI failed to break 272.5 even though Nikkei was losing -300 points. After seeing Nikkei gained strength from -300 point loss, I have decided to exit before lunch break to prevent any gap up in the afternoon session. Gain +0.1

This decision might be wrong and miss out potential profit, however, safety is the priority. I am looking for another opportunity in the afternoon session.

Filed Under: Rant Tagged With: SIMSCI

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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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