I did not catch the nice recovery in the DAX this morning. All my trend-following entries were missed by a couple of ticks.
11:40 So I end up with an entry into the lunch doldrums…not ideal, I should not force trades that I don’t like 100%.
Here is the 1min DAX chart:
12:05 Arggh…took it off for a small profit. Why????? When will I learn to be patient and accept the risk? Of course, it jumped right to my initial profit target! I got what I deserve!
15:50 Nasdaq, I think damn, they got me good. Guess I’m trapped badly. The fast sell-off looked so promising. But I’m immediately in disaster control mode.
Luckily, I got out of this mess without damage.