stoploss's log
lessons and logs
博文
(2005-02-24 17:14:39)
ThedayfinallycamewhenthemarketturnedtotrenddayandIamonthewrongside.AveragedownfinallymademepaythepricethatIhadsaved.NowIlost1monthworthofprofit.It'sstillalongwayformetobeastabletrader.Emotionallyhurt.Needtimetorecover.[阅读全文]
(2005-02-23 12:40:10)
It'salwaysgoodtostoplossbutIneedaddanotherruletostoptradingaftersomebadlosses.ThismorningIlongedNQasplannedyesterday.Iquicklyhadtwobadstoplosses.Eachwipedoutonedayworthgain.SoIswitchedtoshortandonceagaingottrapped.Iaveragedupandfinallygotoutwithsomegain.WhatIshouldhavedoneistostoptradingfortherestofday.Butinstead,Ilongandshort,switchedpositionsalotoftimesandgottrappedatshort.Thelateafternoonpushma...[阅读全文]
(2005-02-22 07:59:17)
IwonderifIneedtointentionallymakeastoploss.Anyway,IfeltveryhappythismorningwhenIseeNQwentdownto1503thismorning.Istillbelieveitshouldgoup,sotestedlongacoupletimes,onewinonestoploss.Afterstoploss,Itestedshortandrealizedmarketwasstillstrong,thenbuiltabiggersizelongandcaughtthepushup.ButIcashedoutwaytooearlyat1513.ThenIshort1518withasmallsizeaimingatthe10:30turn.Ihadtocutat1523whilerealizingit'smaking...[阅读全文]
(2005-02-21 19:44:04)
TherewaschancethatIcouldmakeoutmy2pointsifIsticktoa1518limitorder.However,mostofthetime,thefuturemarketstaysbelow1516.Recordmyemotionhere1)rightafterIcutat1516,Ifeltalotofpain.Iwassosurethatmarketwillgoto1518andIcouldgetoutateven.2)afterawhile,Iletitgoandfeltnothing.3)Now,realizingthatIcouldgetoutat1518,Istillfeelmuchbetterwiththecut.Itseemsthestoplosspainisashortpainafterall.[阅读全文]
(2005-02-20 17:28:03)
Alessontolearnthatthemarketclosesat4:15PMonFriday!IforgottoclosemyNQlongpositions,orbetteryet,Ididn'twanttoadmitmywrongentryandwouldn'tgetoutwhentherewaschance.ThenIwaspulledawayandcouldn'tclose.Thisistoughforme.Ononehand,IexpectmarketopenhigheronTuesday.Ontheotherhand,Ineedtosticktomydaytradingrule:nopositionovernight.IclosedmyNQassoonasthemarketopenedtonight.2pointloss.Alessontolearn.Stillfeelin...[阅读全文]
(2005-02-18 08:06:26)
Narrowrangewithin10points.Nofun.Watchingmovieseemstobeabetterchoice.[阅读全文]
(2005-02-17 12:43:37)
Thismorning'sselloffgotmeagain.ThisisthethirdtimelatelythatIhadtouseADtogetout.Idon'tknowwhyIamsooutofcontrol.Ibarelymadeitoutatreboundfrom1525to1536.Thereboundissoweak,soIstartedtoshort,longtocatcheashwave.Attheend,accountmadeATHagain,butIamnothappy.Ireallyneedtoworkoncontrolingmystops.Ididn'tentermystopsinthefearoffakebreakout,whichisquitecommoninfuturetrading.But,Ineedawaytoprotectmyselftoo.Suf...[阅读全文]
(2005-02-16 07:22:43)
Followthepre-markethintandshortedat1546.5butcoveredwaytooearlyat1544(shouldhavewaited10moreminutes!).Switchedtolongtooearlyat1544/1541.5(whenIsawGOOGandAAPLmakethepushback).ThewholetimeIfeltverycalmandpatientlywaitingforNDXtogobacktoevenbar.Itdidafter45minutes.Againthe10:30pushpatterncomestrue.Icashedoutfrom1547to1549.5.Busyfortherestoftheday.Breakandpeace.[阅读全文]
(2005-02-15 13:25:52)
Stoplossonceagainismyweakness.Theexpectedlossfinallycameintodaywhenmarketunexpectedlymadea15pointdiveat1:25-1:33.Ihadentryaverageat1555withaslightlybiggersize(2x).Ishouldstoplossat1552-1550area,butthat'llresultinabigloss.So,asadhistoryrepeateditself,Iaveragedownallthewayto1542withhugesize(6x)andhugeunrealizedloss.Luckily,onceagain,themarketcamebacktomyADpoint1550andIwasabletomakeoutwithoutloss.But...[阅读全文]
(2005-02-14 10:36:47)
Mystoplossisgettingbetter.ESlost0.5pointandNQshortlost2points.Mysenseofdirectioniscorrect.Today,again,isarangetradingday,butmyentriesarebad.ShortedNQ10:20at1538,onlywatcheditgoesto1542at10:40.Iwasgonnatocutifitgoesto1543butluckittouched1543andturnedback.EventuallyIcoveredat1535.Butatraderisking5pointstogain3pointsisnotagoodtrade.Ineedtoremeberthis10:30lesson.TendtoswitchtolonginthePM,asGOOGisverys...[阅读全文]
