'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Tuesday, November 8, 2011

TRADE SUMMARY

After six tries of trading the market today, I finally recover the early losses and still lost a few because of poorly guess on my trailing stop.

The market was unpredictable today for it gave up some gain again in the open.

It's the same pattern as in the previous trading days range.

Showing the chart today wherein I got stopped out from the big red bar (with the arrow on top) which I made a mistake on putting close my trailing stop.

Made a big mistake there.