Wednesday, September 15, 2010

Day review

Ok so in my Euro trade yesterday, I got stopped out. This has got me thinking as I’ve not done too well on my last two trades. I guess what’s been happening is that, I was playing my trades purely on fundamentals and my view of Euro weakening, which may be profitable if I approached it with a longer term view, which also means an even further stop-loss. I wasn’t able to trade much today, because I’ve been in and out of meetings, but I did do an option trade which I’ll tell you about in a bit.

So here’s the game plan and well more of a reminder to myself for my intra-day trades.
-         Watch the trend
-         Watch the news
-         Follow your trading plan!!!






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