The Small Miracles

Posted by Deb | Day Trading Journey | Friday 1 April 2011 3:48 pm




I opened my platform early this morning, as usual for me in the last week. The market was in the middle of climbing up, and I was not sure if I should join or maybe it is already at the end of climbing. I hesitated for too long, and missed the opportunity to finish my trading in a few seconds. The market had climbed up more but by the time I realized it I missed it.

I then waited for a while but did not find another good opportunity, and finally had to go out.

I opened the platform again an hour ago, at 14:30. The market had by now climbed up more, and seemed to be going down soon. I waited, and finally entered with one contract, although the point in which it would have gone down for sure was not yet achieved.

The market went up instead. I added one more contract in a higher point, and waited for the market to turn down. It did go down a bit, but not low enough for me to make any profit on this position.

I waited and waited, and the time was already close to 15:30, when some financial report was scheduled. I was preparing to exit with a small loss, and wasn’t sure about it, when it got 15:30. I was pulling my limit point up 2 ticks, and the market started jumping down and up. My limit caught, giving me a profit of $50. For a second I was sorry I moved my limit, as the market was still jumping, but then it sky-rocketed up leaving my limit far behind, and me very grateful my limit was pulled and caught in time before making me a big loss. Thank G-d!

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