Sunday, July 5, 2009

4 straight losses!

Believe it or not, ever since being stoppped out on the Sino trade, I have gone on to clock 4 straight losses, resulting in a $900 loss. In addition, the losses are all avoidable. They could be broken down as follows:

Sino: unnecessary manual exit
Swissco: wrong stock selection
ASL: wrong stock selection
Capitaland: Did not wait for candle to entirely cross MA line (I have earlier closed out at 3.69)


I have to watch my trading carefully now, and avoid jumping in mindlessly.

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