Tuesday I made a call to stay in my Calendar trade with a fairly strong expectation of a downward move. Was I ever wrong! I guess that's the way it goes some times. We don't win every trade, but that's not the goal. The goal for me is to win more than I lose with a good profit advantage, and to manage the losers so they don't take me for a ride when they come. I haven't had a lot of time to update you on the trade this week (very busy), but the short version is that on Wednesday the market moved sharply higher, triggering my exit for an ugly loss of about 18%... not my max loss (25%), but nonetheless painful.
Good Trading...
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