Hi Everybody,
Unlike most Gurus and vendors in the business, I do talk about losses and the hard days, and yesterday was a hard day on the US e-minis. They do happen, all professional traders will tell you this, it is just that most vendors conveniently forget about these hard days!
Anyway, the trade I wanted to look at was the losing TS3 on the 3min ES in the morning yesterday.
Yes this was a -1R loss, but that loss was kept small at just -1R, but the question was whether this was a valid trade. For this, let’s take a look at the 15min Chart
Thanks, Steve
Unlike most Gurus and vendors in the business, I do talk about losses and the hard days, and yesterday was a hard day on the US e-minis. They do happen, all professional traders will tell you this, it is just that most vendors conveniently forget about these hard days!
Anyway, the trade I wanted to look at was the losing TS3 on the 3min ES in the morning yesterday.
Yes this was a -1R loss, but that loss was kept small at just -1R, but the question was whether this was a valid trade. For this, let’s take a look at the 15min Chart
Thanks, Steve
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