Friday, June 21, 2013

Learn from Losing

Part 2

Ops I did it again.

This time the scenario is slightly worse...

The confirmation in 1 hour chart is good.
I queued to Long at 14890 pts, order filled at 11pm (GMT+8, SG/MY time), 11am DJIA time.

I parked my stop loss at 60 pts away, target profit at 100 pts away.
By looking at this chart, you know, I am right, and I am suppose to be happily making profit.
Ironically...

NO

I entered this trade with my live account, which I have withdrawn my money, leaving not more than $150 in this account.
Market continue to fall, and account margin hit.
Both my exit price were cancelled automatically, system closed my position at 14852 pts.
Loss $37.

I am terribly sorry to myself.
Who is the stupidest of all to enter into a trade with an account can't sustain $60 and get triggered?
Me
Who is the stupidest of all to enter into a trade with Live account while she has promised not to do that in 2013?
Me

That's gotta be me.
$37
Worth so many hamburgers...

Related Post:
Part 1 of my Learn from Losing [Link]

1 comment:

  1. Ouch, but at least it was a relatively minor cost of a lesson. My "fat finger" have wound up costing me much bigger sums. =)

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