Showing posts with label next bad day. Show all posts
Showing posts with label next bad day. Show all posts

Thursday, October 23, 2008

next bad day

next bad day for me :o((

natural gas stopped out with a small loss; 5 DJIA trades with small losses (the market didn't like my bet); overall loss of 125 €uros :o((


item--------------: natural gas >> position closed
units--------------: 1
order type--------: market (buy) / limit (sell)
trade type--------: long
entry date--------: 10/16/2008, 18:12
entry price-------: 7.06
initial stop-loss--: 6.66 ... ... must always be filled :-)
new stop-loss----: 6.77
exit date---------: 10/23/2008, 15:23
exit price---------: 6.77
profit (loss) in %-: (4.1%)
profit (loss)------: 0.29 => ($29)
reason why + strategy: in my opinion is natural gas so unbelievable cheap that i will enter this position immediately, even when my stop-order was 'reached' i.e. executed today
lessons learned: as the fear is everywhere in the financial markets, the price can fell even deeper; my stop order was processed; exit with a small loss => ok