Today’s Trading

Posted by Deb | Day Trading Journey | Tuesday 8 February 2011 5:38 pm

Today I had no internet connection problems. That was a nice change! I opened the Transact, and immediately got a good connection.

The market seemed to be about to be going up, so I entered a long position on two contracts. The market went up immediately, and the first profit was taken on $37.5. I put a second limit 3 pips higher, and sat waiting. The market went up 1 pips, 2 pips, down again to 1, up to 2…. I should have stopped there and take the profit, but I got stubborn,

Then of course, the market went down again. I added another contract and waited. The market went down and up. Finally I went out on both contracts, taking in total $75 on 3 contracts. Less than what I could have taken 10 minutes earlier with only 2 contracts. Oh Well.

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