Wednesday, August 13, 2014

ES 8/13/14 +2.50

Messed up on two trades today. Got shaken out of a long (2nd trade). Literally 3 seconds after I bailed for +2 ticks, prices shot up pass my initial scalp target. Then after I got stopped out of a short trade (3rd trade), I immediately went long ((4th trade)...mostly out of revenge. It basically went nowhere fast and slowly drifted downwards against me. Emotions still hyped, I then bought another contract (5th trade) to average down. The trade eventually worked, after about 1.5 hours, but I was basically gambling at this point.

E-mini S&P 500 Futures chart for Wednesday 8/13/14

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