Wednesday, August 16, 2017

17 Aug 2017

Lost 2500, made 3100. 3 trades.

Got caught by a ranging market for the loss of 2500. I then checked to see if support or resistance was broken, it wasn't. So I traded opposite to the trend, and made 2000 in one trade when it hit the resistance, traded opposite again knowing that if RSI 70 was hit again, I'd take loss and go with the trend. But my guess was that we're still in a trending market since yesterday saw some pretty big moves. Made 1000 on that 3rd trade and decided 500 profit today was enough. I'll just wait for the next signal, check if support or resistance was broken, and go accordingly. Still gotta make up for that big loss yesterday! Haha...

Yours,

X

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