Some Profit

Posted by Deb | Day Trading Journey | Monday 1 November 2010 11:20 pm

I again didn’t have much wish to trade today. Because of this, it wasn’t had to restrain myself today not to trade on my regular hours, just when the market is opening. On these hours trading is very quick, but as I usually have very limited time then I tend to do mistakes.

I traded only much later, towards the end of the market day, when my kids went already to sleep and I had more peace and quiet to trade.

I entered a long position with one contract. The market went up slowly, so at one point I decided to add another contract so I can realize my current profit without being too sorry for future possible profits. I exited the first contract with a $50 profit, and the second with additional $37.5 profit. So the total was $87.5 on 2 contracts.

The market continued to go up after I exited the second contract, but I had decided this was enough for today.

Oh – I forgot to mention: This was of course on the simulator. I am not back yet to live trading.

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