28 June 2010

Copper : Trading Mistake - Wrong Size

  • Post to record trade managed badly. As is usual with me, error was one of wrong trade sizing. Had trade on in too large size and panicked into cutting loss under what I still think is a noise-driven rally.
  • Angry with myself for making same old mistake again.
  • Technical picture still negative. Will allow myself a cooling period before contemplating whether to re-enter in a much more sensible size.
  • As I have emphasized time and again in the old blog, getting trade size right is infinitely more important than getting right system.

3 comments:

Taichiseal said...

Re-sold HGU0 @ 3.096 in a much more sensible size.

Taichiseal said...

-HGU0 @ 3.046

Taichiseal said...

= Full house now. No more.