Wednesday, 9 March 2016

Trading Review: 03-08-2016

Main Account: -$1711.

Finally took a big punishment for getting stubborn. Got long full size NUGT around the open with a "planned" stop-loss below the premarket low. Didn't hit it when it went below and then rode it another 8 or so points lower.

Thought process for not hitting it was that gold hadn't cracked yet (which it eventually did and in fact NUGT was leading the way down). But I think this highlights where part of the stubbornness is coming from... Too much thinking, not enough risk management.

Anyway taking a couple of days off, and be back with a new and improved attitude!

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