Amazing Luck or Skill?

As per my previous post, I closed my short seeing the stochastics being at a low… However, what surprised me was when I next looked at the chart… it short up, my exit being the low point and shooting up 100 points.

I was lucky to get out where I did…. can you say it was skill? I really would like to think it is but boy, the market does funny things most of the time so I am more inclined to say that it’s luck!

Anyway, what I did miss out on was the move upwards… the pivot level is the obvious target and it hit that and had problems moving beyond it. It would have been great to have taken some points there… however, I made my profit today so shouldn’t complain!

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Category: Spreadbetting, Trading