Tuesday, October 14, 2008

Down today

I took two trades today and neither went my way.
TRMA could have been a good trade if I had set my stop a little further away. It went just a few pennies past my stop and then ended up with a pretty good drop for the rest of the day. Could have been a 5R+ winner. Instead I lost 1R on it.

MWV looked like a nice continuation of yesterday's gains with a consolidation pullback. It tanked with the rest of the market for a 1.11R loss.

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