In personal account covered the trade from 1071.5 at 1068 when it jumped to retest 1070 but could not post on blog real time as it slipped to 63-64 rather quickly...but to be truthful to live trades as I have done always in past I continued to hold it on Model portfolio. I was convinced it will hit 1068 during overnight session but it fell back from 1065..Hope any one who took trade with me were able to get out between 1068-70 on retest. I Will be going ahead and posting my exit trade(will not count in model portfolio as doing here) even if they move few points by the time I get to blog it next time. I believe that should at least help people out in deciding their own trade.
One thing is sure that you need patience and lots of patience to exit from losing trade as far as you can still think with your cool head.
Friday, February 5, 2010
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