Observe, Learn, Act

To share and learn trading ideas on stocks, options, futures, warrants, forex, etc ... Mainly dedicated in analyzing Tech
Showing posts with label Worst Trade of the Day. Show all posts
Showing posts with label Worst Trade of the Day. Show all posts

Monday, December 1, 2008

Russell 2000 Intraday Faked-Out


Today I was focusing on the RUT index which seems to be smoother than NDX and better in trending.  I use its 3 X leverage short ETF to trade, symbol TZA.  The 3 orange arrows denote the places I have entered my positions, 1/3 at each location.  Looks like my stop-loss was too tight to get "Faked-out" before the big move.  It was sad, but let's learn from mistakes.


Thursday, November 13, 2008

WTotD

It feels like a dagger in the heart when you missed a trade and gain was supposed to be juicy.  Today I missed both!  The arrows are the places ideal to open positions and have tolerable risks.  Imagine how much was the gain if you use the Ultra ETF's?






Wednesday, November 12, 2008

Worst Trade of the Day

Introducing "Worst Trade of the Day", I will post up my biggest trading mistakes if it happens daily so others who read this will not make the same mistake.

Here it is, the two blue arrows denote the trades I took today which were punished.