One trade and it was a very good entry. Short the top of the 2:20 pm candle in TNA. Out FAR too early however. I had a great entry and the retest at the 2:35 candle did not reach my entry price, let alone threaten to stop me out. I had up to 35 cents of gain available to me, had I played it well. I really have to get over the anxiety related to staying comfortable in trades and trusting that I have made a good decision and trusting that my stop will provide the final insurance policy against large losses.
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Trained monkeys can learn to read charts with enough practice. Traders require mental prowess.
Friday, June 14, 2013
June 13 ($126 Gain)
Three trades, well executed at entry and all resulting in winners. All three were reversion to the mean trades against the prevailing upward direction and in all three cases, exits for gains were processed quickly.
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