An important lesson from yesterday:
- stick to the initial plan for the day and do not switch sides on impulse (which was fine).
- don't have positions even with breakeven stops too close to market right before news (which I failed to do) -- had two longs prepositioned before GDP news yesterday and the spike down closed them with big slippage.
Was a profitable day, had four winners, two losers and three breakevens.
- stick to the initial plan for the day and do not switch sides on impulse (which was fine).
- don't have positions even with breakeven stops too close to market right before news (which I failed to do) -- had two longs prepositioned before GDP news yesterday and the spike down closed them with big slippage.
Was a profitable day, had four winners, two losers and three breakevens.
"To the busy day / To the idle play"