26 March 2010

S&P500 : Stubborn as a Mule

  • The "mule" = both me and market (S&P)
  • Died numerous times over trying to short this yet just did it again. This time in only 1 mini $5 contract @ 1166. Limit order for 1 more at 1171. Stop above 1181.
  • Entry based on sign of daily reversal yesterday. Wait to see if this spills over to the higher time frames subsequently.

2 comments:

Taichiseal said...

Scratched trade. Bought back at 1165.75.

Anonymous said...

Like u, i have been trying to get into a long term short on the S&P 500 emini especially after the 25 Mar day. Patience have been tested.

I thought u did very well managing your risk.