Wednesday, January 20, 2010

#19.9 on AJ (-4%)

Short @ break LTL of triangle (blue TL)
TP @ 76.53 (daily -ve macd)



Closed with -4% (the scenario seems to acting out of templates)



Mistake have been made. Shouldn't close the trade earlier as the SL was at red dotted horizontal line.

Closed earlier was due to improper money management whereby units was not adjusted accordingly to the 3%.

Lesson learnt.

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