I’m sure that how the saying goes.

My first trade of the day was a trade against the trend which resulted in a loss of 12 prices… drats, it wasn’t a good trade. I seem to like to play the countertrend trades.. not the smartest thing to do.

I made 5 trades in total today, I won’t go into the specifics as nothing really happened. The big pictures is that the trend is down and you should be looking to short any rally.

I did short the rally when the market hit 135250 at 19:30 GMT and it would have been a nice ride all the way down.. however, as usual, I couldn’t hold it all the way.

I ended up with a -4 deficit… not too bad I suppose!

Tags: daytrade, daytrading, emini, futures, investing, live account, makemesomemoney, s&p, standard and poor, tca, Trading, trading academy, trading blog