Friday, April 11, 2008

Keeping the risk a way

Yesterday decision was obviously a mistake (The s&p emini contract is traded at 1344) but I don't regret. I had some indicators suggested to exit short. That doesn't mean going long but rather be careful - there might be a trend change .

Right now , I wouldn't go long here and prefer the down side though short here involves a greater risk than usually and that's why isn't declared.

Good trading

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