$500 down and 2 revelations later

Horrible day today. My tight stops just ate up my account. However, I did learn two things today.

1. I do have an over-trading tendency.
2. My strategy sucks!

Actually, the strategy isn’t that bad, just that it’s too ambiguous. I have now added ADX and Keltner channel for further confirmations. More on this in my next post.

Related posts:

1. YM day trading result for Jan 17, 2008: +$303