More on Live Trade

Posted by Deb | Day Trading Journey | Wednesday 2 March 2011 4:25 pm

I did live trade again!

I opened the Sierra charts and saw the market is about to go done, so I opened the Transact straight on live trade. I had no internet connection problems (thank G-d!), and put one short order, than another.

Of course, things didn’t get exactly as I wanted. My order didn’t get caught, the market went up a bit, but finally both my orders caught. But then the market didn’t go down as anticipated. I got nervous, and quit the first contract with no profit. With the second contract I waited some more, and then the market begun to jump down and I got $37.5.

The market dived down and I decided not to be so afraid. I entered with one more contract and waited 2 pips for that – another $25.

Just then the market dived down much more, but I decided that’s enough for me for today. When I saw how much the market went down I of course had an urge to enter again, but I stopped myself. I should be able to stop.

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