Thursday, March 1, 2007

Trade Nbr. 15 - 2007

Short March 07 E-mini S&P: Entered on Feb 28th - Closed on Feb 28th.

Short: 1413,50 -- Initial Stop: 1415,75 -- Covered: 1415,00 -- Result: -0,66 R

Bearish in Screen I - Overbought and pulling back to value in Screen II - Entry Set-up in Screen III - Stopped out by my trailing stop.

Comments : Poor trade. Good entry but once again lowered my initial stop too early !! Very frustrating since would have been a multiple Rs win again.... It is recurrent problem, as Brett Steenbarger mentioned in one of his numerous brilliant articles : it is important to Trade to Win and Not Trade Not To Lose......

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