Friday, December 2, 2011

Great lessons today but had to pay to learn them. 43% win rate and missmanaged trade.

I just knew GS would roll, but entered to early and snowballed too big and ended up taking off for loss on day due to poor risk management.  Here are the trades:

CAT - Long and wrong

NFLX - Shorted weakness in a gap up market, barely got a profit though

RL - Short but didn't follow through

GS - read the short but was too early and bailed gameplan

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