Thursday, October 15, 2009

10/15/2009 3 pm update: NQ


  • lowered my original offer (1749.00) and was filled at 1747.75...
  • this trade: 4.50 NQ/points/contract, 1 contract closed...
  • lets see, the original entry was supposed to be 1741.50 and the original exit was supposed to be 1749.00...both of these levels were eventually hit...if i didn't mess with the targets, then this trade would have booked 7.50 NQ points/contract...big difference...same old story for me...
  • can i get better at leaving my targets alone? good question....
  • perhaps i don't need to...perhaps my general entry and general exit targets are good enough and i just need to accept that i will exercise some discretion (generally influenced by the 'fear of missing'), that will shave a few points off my performance...i will have to think on this...
  • today: +4.25 NQ points/contract, 2 contracts closed...
  • flat the NQ, no offers, bidding at 1741.50 and 1731.50...

Disclosure: Long NQZ09.

***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk ***

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