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Saturday, March 14, 2009

March 13th, perhaps I should be superstitious?

I am not superstitious but I do recognize that superstitions do affect other peoples' decisions, even if unconsciously. Did that have a factor in my trading on Friday? Probably not.

S&P Global Gold index chart:



Not a pretty day for me. I took trades in the wrong direction and did not have the agility to reverse the trade to make any profit from the resulting moves. My one right direction entry was stopped out for the sake of a penny. I was too quick in moving my stop to try to get me 'into the money".

Friday trading bites me once again.

Jeff.

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