Wednesday, April 8, 2009

April 8, 2009 Wednesday Trade 4

My last trade of the day. This is a case of negative psychology having a bad influence on my decision making. I had three previous losing trades in a row which conditioned me to think the fourth trade was likely to fail. This was actually a good entry that was worth a big move but I let myself get shaken out of the trade with a small loss. No risk, no reward.

Trade 4 (Short 2 Contracts Scratch -.5 -.75 points):
Trade 4 Screenshot