I should've known better - and yet I still did it. I succumbed to my emotion and place a trade order. I reacted when I saw Dow Jones took a hit the day before and expected the market to react the same way. Deep inside I knew I shouldn't have done it. I've watched the trend, read the chart, but I still went and did it. Today, I have to do the right thing and cut my loss - regardless of what will happen in the next few hours. I need to review my strategy again and this time, I'll stick to my plan, period. In this game, the trick is for you to lose a little but win big.
The market is heading sideways these few days. There are a lot of selling pressure and buying support. Volume is good but I'm waiting for confirmation signal whether it's going north or south. Dojis were formed yesterday and the day before and today it opens higher than yesterday's closing. The signals are there, but it pays to wait for confirmation.
It's always a roller coaster ride when you trade in Futures. I need my latte now...
No comments:
Post a Comment