Tuesday, January 17, 2012

1-17-2012

Tuesday after Martin Luther King's long weekend. I decided to trade in Sim for ES and NQ. I want to get my discipline and confidence back. Had a couple of good entry for ES, but exited too early. Didn't stick to RR theory. I identified couple of turning points, short and long, but did not executed them for lack of confidence. Executed 2 vader's NQ call and one of mine. None worked. Resulting a net loss of $207.5. Need more practice in NQ and void impulsive trading.

Today's ES range was 13.75.

Existed some stock swing positions since the market appeared some what over bought. All are profitable.

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