"A man is not finished when he is defeated. He is finished when he quits."

Wednesday, April 11, 2012

last two of the day











Here are the last two practice trades of the day. I basically slept the afternoon away, just coming back to the computer for the last 50 minutes or so. I was feeling really lousy today overall, but punished my health by gorging on about eight pieces of peanut butter fudge around lunch time. That sugar caused my body to spike and crash. Bad idea.

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TNA was not available to short so I went to BIDU. I felt a momo change was imminent so I went long and got punked on that long candle wick; stopped out. I was committed to my idea so I then went long again after price stabilized in the next candle. I stayed in until the price climb seemed to hit a ceiling, then sold a 45 cent winner, skipping the rules of engagement on exits like I did earlier. I went for winners today and it felt good to give up nearly two weeks of losing by stopouts.

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These are my last two of the day. I feel like garbage right now after punishing my body with the sugar infused, tasty poison! It was definitely not worth it based on how I feel now... and I don't want to exercise in this lousy physical state, so it is a double whammy.

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I believe I'll go outside and take a couple mile walk, the rain has stopped and the sun is back out. I have been walking on the treadmill since last Autumn, so some fresh air might help my mind and body.

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UPDATE AFTER POSTING: Price in BIDU has been below my exit level ever since I got out. But with just 6 minutes left in the day, it has reached back up there again and is now pushing well beyond. Exited too soon, though I liked the size of my winner. See top chart for big EOD push from BIDU. Looks like I should have stuck with it... price is now at 146.40 and I'd have more than doubled my gain by holding into the last minute of the day.

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