02 November 2012

Copper : Whinging Time

  • Had GTC order to sell HGZ2 @ 383 throughout mid Sep - Oct. High made after order = 382.25. Normally I would hit the market once it gets near to my level and I am not filled. However, this time, due to string of bad trades, I decided to be patient and wait for order to be filled.
  • Subsequent break of 368 not acted upon, having wanted to sell it much higher up and not done so. Instead, I sold cable (risk off too right?) and subsequently also sold TY based on same HG chart pattern. Both trades failed.
  • Now at 352 ie 8% lower.
  • When your luck is out, it really sucks.
  • Its my blog and I'll cry if I want to ... 

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