Wednesday, April 25, 2007

Trade Nbr. 37 - 2007

Short June 07 E-Mini S&P 500: Entered on April 24th - Closed on April 24th.

Short: 1485,75-- Initial Stop: 1488,00 -- Stopped @ 1488,00 -- Result: -1,00R

Bearish in Screen I - Attractive value in Screen II - Entry Set-up in Screen III - Stopped by the Initial Stop.

Comments : Another loss with solid position management. Four 1,0R losses in a row..... markets are testing my trading methodology !! The most important thing to remember is that we are in for the long term when we trade and for this reason one only risk a small part of the equity he manages on any given trade. Series of consecutive losses (and wins) are part of any quantifiable edge and this current serie of losses is the price to pay to take advantage of better times to come !!!

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