Thursday 2 March 2017
Stopped out at price, 53.65
1 Mar – Buy 53.80
1 Mar – Sell 53.65
Loss = 15 tics per contract, $150 plus $15 commission per contract
This was an example of market expectations and specific performance
or no further trade participation. The market develops according to
what the set-up suggested, on our terms and not that of the market.
Rules make the difference and prevents being subject to the whims
of market activity.