There weren't too many raes on the card today but I traded it fairly well except for the race that went in play. Same old story but I got most of it back. It leads me to an important point about exiting. Before entering there must be a decisive plan for when it goes wrong. It is not the end of the world to have a 3 tick loss so that is the plan; re-read Adam Heathcotes blog on entry and exit points and then constantly make firm decisions about when I should exit the market when it doesn't go my way.
Today's p&l: -£2.56
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About Me
- firedave
- Hello! I'm David and have embarked on a new plan to trade for a living - I like a challenge! Since graduating in 2004, I've been working as an IT Consultant and am now hoping to put those skills into use and develop my trading capabilities. Looking forward to the journey...
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