Friday, June 26, 2009

Trade 18: Loss

My bearish views on the current market are turning to be very wrong very fast as people are quickly buying up positions.

My oil based macro views were devasted by some bursted pipes that has lead to shortage in oil.

My profits in WBC are gone.

Trade 18 ended with my exit at 3809 as I closed the position in opening trade - which I was happy with; given that the index continued to rise throughout the day. I'm hoping to train my mind to be flexible enough to trade this change in market sentiment more quickly.