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The Stuff of Trading Nightmares

August 22, 2012

Today was not a fun session to be day-trading. I avoided any early losses and started the day with a profitable short for 2.25 points. Next came a loss. I scratched the third trade, having brought my stop to breakeven. All the trend-lines on the chart tell you everything you need to know.

+2.25

-1.50

+0.00 (stop trailed to breakeven)

(+0.75)

View Today’s Chart

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