Friday 29 April
CTSH trade was stopped out @ 41.53, -$198
I bought 200 TRI @ 50.40 and it ended at 51.25. I will exit this position on Monday at the close .
Portfolio update, +$81.
Reflections: After being down almost $1000, my account has recovered to basically breakeven. I am still in the game through money management rules and sticking with them. This has been a difficult time in the market and I am not the only trader who is struggling such a volatile, nontrending (If anything down trending) market. We could be at a turning point soon, so survival is key at the moment. It is important that I stick to the rules of my system and trade what I see and not what I believe.. Many times the hardest trades to take are the most profitable. I had trouble entering TRI today as I believed that market was going down, still I took the entry when the alert on my software flashed, and then after being down, the market turned and took TRI with it. I don't know what will happen on Monday, it may follow through or reverse again. I don't need to know, I know what I can control which is my reaction. I have a stop in place and if I get stopped out so what, it will just be one trade in the many hundreds I will make over the next year.
