Tuesday, September 13, 2011

If i stayed disciplined, a 30% win rate could have yielded a +130% day

I find myself still "micro" managing which enables taking losses on the standard noise of normal price action. Today was still a great learning day that provided great trades with easily correctable mistakes.  I ended the day down -50% of daily loss.  Only 30% Win ratio.  Perfect example of letting winners run.  Should have had +130% day if let my targets hit and let my stops play out instead of micromanaging. LEARN!

Here are the results:

GMCR -3 trades and did fairly well. 

PANL - Long early, and stopped out.  HUGE MISTRADE

CAT - Nailed the short entry and still messed it up

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