Wednesday, April 08, 2009

ES Trading - 8 Mar 2009

Dear fellow trades :

Longed the ES based on the indicator's signal. The position went against me and in order to cut down the loss incurred, I reversed the trade to a short position when the indicators have also started to point downwards. Damage of the day -$187.50 paper loss (3.75 points).


Tony Chai


Futures Trading said...

too be honest, i have never had the guts to reverse my trades. I usually prefer to cut loss my trades.