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The stupid paper trader; Trade that got away 03-Jan-2007

by Gav Leave a Comment

Yes, the stupid paper trader, that’s me. The difference between real trading and paper trading is I will never fail pulling the trigger when paper trade.

This is the second time of the day. I failed to pull trigger in the morning (Singapore time) when trying to swing trade stock. What on the earth am I doing today?
Today, the first trading day of 2007, and heck, I just can’t pull the trigger!?!. Yes, I am frustrated , and disappointed of myself. This is unacceptable.

I continued following the trade,well, on paper :(? . The trade would close with 3.5-R profit.

5-min chart of NQ. Entry is the first pull back of new trend cycle. And dummy spot, inside bar, was formed. Long position would be established above the high of the 10:05am candle. I trailed my stops and position would close at 1809.75.

[photopress:NQ5mingotawaytrade.jpg,full,pp_image]

Filed Under: Trading Journal Tagged With: Trading Psychology

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