Thursday, December 20, 2007

Dec 20 $1,001 on 146c


Traded ER2 today. Took a huge intraday drawdown by leveraging a SHORT divergence between ES and ER2 during the start of the afternoon reversal. ES moved down 1.5pts but ER2 kept going up. I didn't exit according to plan and I ate a big loss. Luckily I realized what I was doing wrong and I reversed positions. ER2 has been VERY STRONG the last 2 days, likely due to year end short covering.

0 comments:

Subscribe via email

Enter your email address:

Delivered by FeedBurner

 

High Probability Trade. Copyright 2008 All Rights Reserved Revolution Two Church theme by Brian Gardner Converted into Blogger Template by Bloganol dot com