7 Sept 2009

Mon FTSE Stopped out

No trading today - FTSE order from last week was stopped out for a loss. On reflection I should have never went short this market as the major TL (daily) had not been violated or even tested. Do remember NEVER to trade against the major trend - because you are trying to enforce your EGO onto the market and thinking you are better than what the CHART is telling you.
You will never become successful unless you TRADE THE PLAN. Period.