Friday, June 10, 2011

Thurs -21 (or how not to trade)

I dont even know how I got out of this one alive...  ECB Trichet said the words 'strong vigilence' implying interest rate rise (or risk on) but we have those bastard leverage funds selling on this news 10 pips outside the band...  Go Markets froze, and there I was like a royal dipshit thinking the price was doing nothing BOUGHT, and got filled at the very top...suddenly the P&L was telling me I was -38 down? WTF? Thus began a panicked session of corrosive emotional trading, something I haven't really felt over the past 2-3 weeks.  Fucking lucky to come out alive with -21 on the top considering I was looking at -600 or so at one stage.  I will not trade for the rest of this week as punishment.

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