What an explosive market movement!
It's funny.. I trade everyday just to wait for moves like this, and the day that I say pass to a signal, is the day I would have made 16.5 points on a trade.. I would have doubled my weekly profit with just this one trade!
I learnt from Dr. Van Tharp's book that missing a huge move is more painful than getting my stop loss hit. He's spot on with that. I'm having a donkey face moment right now...
Anyway, that's now my mantra for pulling the trigger. May it be the time I'll learn this lesson.
For me that's the big move for the day. It has occured, and I wasn't on it. So I'm done.
Total Profits for Week 2 = $862.50
That's a 265% improvement over last week's performance. I guess that would have to be my consolation.
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Week 2: Day 10
Saturday, August 15, 2009
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