Wednesday, October 19, 2011

A losing day because of a couple of bad crude oil trades

Not much to say for today's trading results except that I got caught wrong footed on 2 specific crude oil trades. One came right before the release of the inventories numbers at 10:30 AM and the other one right after. I normally have a certain success trading those crude news announcements but that was obviously not the case today. After the losses, my objective was to recuperate as much from my losses as reasonably possible doing other trades, which I achieved up to a certain point. All in all, it was one of these days where you swim against the tide all day long. Results for today: -$642 (1 contract per trade). Tomorrow should be better. Details below.

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