Missed opportunity!

Somewhat ironically, given the subject of my last post, I missed a rather tight opportunity for a trade today. As is always the case, this turned out to be an almost instant winner. Now the market has got up near its upper limit and, as I have a big day planned for tomorrow, I am closing up shop and accepting this as a no-trade day.   

In my defense, it would have been the first time I’ve used this setup, which is a new variation I’ve decided to add to my toolkit. Consequently, I was a bit slow getting my orders in. On a positive note, it is great to see that the pattern worked as expected. 

As a day trader, when you do something clever you get all the credit! When you don’t…….well, you get my drift…. the buck stops with you.

 

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