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Name: Traderswin- trading Mushu

I am working to be a better trader everyday and work extremely hard in wealth building. This blog is my trading journal. As simple as that.

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Tuesday, May 23, 2006

Re: Short SIMSCI 23-May-2006


The mistake of the day is trying to trade out of choppy market. Short position was stop out at trailing stop 287.8. With -0.6 loss.
From the 12-min chart of SIMSCI it is indeed choppy. The decision to get into the trade on either side was wrong.
Here is 12-min chart.

Have a profitable day
Traderswin

(The trading Mushu)
 
 
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