Gold

Wednesday  29 October 2014

Stopped out at price,1220 on the Dec half-position

28 Oct – Buy 1232.8
29 Oct – Sell 1220.0

Loss = $12.8, $1,280 plus $15 commission

The entry had merit, based on our procedures for establishing
a short-term position.  We cannot pick and choose which trade
set-ups to take and which to ignore for that would then be a
guessing game, trying to determine winners over losers before
knowing the outcome.

It has not been an easy past few months, and streaks where
nothing seems to go right just have to work themselves out.
There is never a good answer why events work this way; they
just do.

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