Yesterday, I had the potential to make about $600 in profits. In the end I ended up with $90.
Gold fell early on in the piece - at one point, I was up $324 on my 2 mini contracts. Then, I failed to act in time, as the market turned sharply; and in the end I exited both positions with a $80 profit.
Then I went long the crude oil mini contract @ 6673; was up $324 again on this one. Thought - she's going to 6800; and she didn't. Had a stop at 6675 which got triggered as I slept - profit of $10.
While I continue to refine my conditions of entry, I seriously need to rethink my exit points as well. So far its been a bit of 'dartboard' and a bit of 'don't have a clue'.
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