Tuesday, 10 July 2012

Missed It!

This morning, London time, started of as usual. Two OK DAX trades. Nothing unusual. I covered the last part of the second trade as it went divergent and held the VPOC.

Then the wind changed, and I just sat and watched. It's pretty easy finding a forced entry in hindsight, but in real time, I just waited for the pullback and missed a great move. I'm not upset, as I had kept my discipline. Losing discipline turns out bad a lot more times and dollars than it turns out good. Missing a good trade is just like having a losing trade - part of the biz.

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