My Worst Day Trading The Emini
There were 4 good setups and I traded all 4. The market was dropping and I went short on all 4 and lost money on all 4 trades.
It almost does not seem possible that the market could drop so much and I could short it 4 times and lose money, but that's the drawback to using a one point stop. It almost doesn't matter what direction the market is going because your not really in the trades that long.
Anyway, I am going to stick to my system and continue to trade it and see how it's doing at the end of the month. But I am starting to think that waiting for a down day really does not matter with small stops. I obviously don't have an advantage. I have made 4 points on a flat day shorting the market.
It is all still very confusing to me how to make money with this market. Then it is also depressing some times too.
