Summer Of TAOST Bias -- Balance $5,400 For the week +65 ticks which translates to a gain of $812.50 gross and $747.50 net for TAOST BIAS strategy.
Friday was an interesting day... Five 4 tick losses in fairly quick succession. It was my intention to be done, but of course... In the early afternoon I rationalized that I was still up for the week and the afternoon direction was "clear." Since I was gonna be around for most of the afternoon, I took "1 more" trade with an aggressive target.
Price hit the target right before I left to pick up my kids... A bit of luck I suppose, but I'll take it. The real question is whether it was the right trade to take.
Remember, just because it worked out well (profitably) doesn't mean it was a good trade.
Click below to review the trades spreadsheet. |