Rules to follow - Yet its always neglected.

 

 DAMN IT.

one short statement.

there was a signal to short. and i didnt did it in time. it went down down down. almost over.

Short EP: 6373

Now its 6229.

Almost over 100 ticks missed. 

FML. Rules should be followed yet i missed it in front of my eyes.

To add on, I triggered without following rules at about 6320 and got stopped due to whipsaw.

DAMN IT.

Lesson Learnt. My FTSE 100. :(

On a separate note:

Followed rules and took this short at the right time. 

In the money now. 

Lesson Learnt: Rules to be follow. Always to be followed.

Bearish Look

Past few months have been a tough one. From September markets starts to become choppy. That YELLY did not want to give a definite clue on her interest rate. Hence everyone start panicking up and down. The uncalled rally for the first day and down the second become a practice since then.

Yesterday started the pre-bearish behaviour to await the impending rising from YELLY in December that was delayed a couple of times.


I saw a bearish outlook, with a head-and-shoulders pattern (maybe) but some hammers along the way. I took it with a small risk. Boy I was foolish. This FTSE / UK have not been behaving well since September. He was before. *fingers crossed*

Some ride last night

It was a season to about to short every darn thing since dow drop over 900 pts. Last night a sudden u-turn by good news from oil. Oil price shot from low $39 to $48. Seems a good news with marketwatch posting articles on it.

Nevertheless, my short entry too its trigger after the u-turn and hopefully hover for more profit.

Claimed Black Monday

Yesterday was a sea of red. Not yellow. DOW down 1000 points. Every one scream, most portfolio drop closed to 20% or even more. VIX also reached a recent high.

It happened something similar to Black Monday (1987).

Was hitching a ride in a short position but came out too early right before this happen. Lesson learnt.

Market watch posted this which I felt quite #EPIC.

Immediately

After recognising the fact.

Incidents all the indices.

*courtesy to MARKETWATCH.COM ; finviz.com; INVESTING.com

New Blog New Post

New Blog. Journal to my journey to:

• Earn back my losses.
• Earn to cover expenses.
• Earn for sustainability.