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SIMSCI 09-June-2006: Second trade: Long: Trade closed

by Gav Leave a Comment

[photopress:simsci_full_day_1_2.jpg,full,pp_image]
I am twisting my mind again. After closing a lossing short position, I established a long position at 277.3.
I did not expect this as a strong run, my profit taking order was set at 278.2 which was triggered around 230pm. with strong presentation in 9-min chart, most likely I am missing out some bigger profit again. However, I did have some worries when looking at the spread of SIMSCI futures, it got a little bit wild sometimes with 3 ticks different, intraday volatility is strong. My initial profit taking target was day high 278.7 (which was hit after I closed my trade at 278.2).
Second trade of the day with +0.9 gain. I closed the day and the week with positive note.
I am facing a problem with profit target calculation. More works need to be done.

Filed Under: Rant Tagged With: SIMSCI

Reader Interactions

Comments

  1. TopTrader says

    at 5:57 pm

    Well done, day trader!

    Reply
  2. TopTrader says

    at 11:57 pm

    Well done, day trader!

    Reply

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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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