Wednesday, March 11, 2009

Mini Gold- 13:00ET




First time trading this instrument. Been watching GC, the standard sized Gold Futures Contract, for awhile and decided that I've grown to understand the way it behaves and that it was time to trade it. Albeit using it's smaller counterpart, YG....

First trade in awhile where I feel I've maximized the opportunity available to me according to my abilities and limitations. Entry 913.20, Exit 909.40 for more than 3x my risk.

That puts me back on track after last week's loss-riddled trading...

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