Thursday, February 4, 2010

2010-02-04

EUR/USD drop below 1.3780 and SPY drop 30 points.. It feels good that I moved my 401k to lower risky asset later part last year.

The little boy continue sick, and I don't have time for trading today.

Good luck everyone.

Got a little time, short at 1.3764 stop at 1.3774.




Had another trade at 13:00 PST, chasing the price and off session.

what can I do better:
1: don't chase price.
2: don't trade off session.
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1 comment:

  1. UnknownFebruary 4, 2010 at 8:32 PM

    Good deal. A lot is written about discipline in trading yet, few new traders really understand how hard it is to maintain it. To keep executing a trading system when it's losing is tough!
    Of course all systems will lose and you have to have the confidence, discipline and money management in place to ride the period out. That is the same in fx trading as well.

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