I shorted at 135425 today as the stochastics in the 5 min chart was heading lower. Also the 15 min chart stochastics chart was in overbought territory and I thought it was going to be heading lower.

I was about 8 prices up at one stage but then the market went up and hovered around the previous highs of about 135850 or so before the stochastics finally turned in both 5 and 15 mins and tanked. I wished I had sold again then but after the initial loss, I thought I’d leave it for the remainder of the day.

Loss of -8 today!

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