Wednesday, May 13, 2009

Trades for 5-13-09

Today (5-13-09) I did +.63% during London hours, +.98% in abnormal hours, and +.01% during normal hours. Yesterday I realized what my problem was and was able to address it today. I will paper-trade again tomorrow though because I still made a couple of bad mistakes this morning.

Totals for the day
Forex: (+1.62%) PAPER Trades
All times on the charts are Mountain Standard Time

11 trades, 5 losses, 1 flat, and 5 gains


FX said...

For my taste you are tightening stops too much. If it's going your way than usually you made right assumption and if it's still valid no reason to stop yourself out with stop moved too tight. That doesn't mean that when it start to go against you after being in profit, you have to wait till full stop is hit. Just my impression.

StockHunter said...

Yeah, It's something I need to work on. Almost every day I have at least one trade with a note saying I trailed my stop too close.