11-17-2006 Trading Results & Analysis

The good news is that I finished up today, on the first day of my new rotation. Bad news is that I didn’t hit my target and struggled with overly-cautious tendencies.

I just felt very very picky today and just couldn’t settle into a comfort zone. Plus every time I would place a limit order to fade a rising (or falling move) the price would stall & reverse before making it to my entry-zone. No big deal I suppose as better to be out wishing you were in than in wishing you were out.

So I only placed 2 trades today, both very early in the morning. Both were solid entries but I totally wussed out and jumped ship on the first trade without sufficient reason. See today’s review for more detail, but it should have been a solid winner instead of a small loss.

The second trade more than made up for it and went very well though so I was pleased. It’s going to take some time to get used to trading at this new level and I am waiting until next week to purchase some additional software that should help make order-entry much more comfortable. I’ll adjust though; In due time.

Consecutive Days Hitting Net Daily Goal: N/A
# Days Hitting Goal out of Last 20 (with goal of 16/20) : N/A
Total PnL over past 20 Days: +.40 R-Units

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