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Monday, October 10, 2011

0% Win rate, -218% daily loss allowance

Ouch, struggled today and found myself getting frustrated.  Then as i reviewed i noticed i tried 4 shorts in an absolute strong trend day.  Glad i stopped at 4 shorts, but 3 were the same stock.  Thinking about introducing a new rule, only 2 reversion attempts in a stock in 1 day, if both are losers then to stop.  Here are the trades:

BIDU - 3 shorts gone bad

POT - Weak in a strong market and then decided to rip

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