Tuesday, December 13, 2011

12/13/11 Trade Results: 15 Trades, $625 Profit. The trend following system way

Today was a great example of how important it is to follow your system for the long run. I started the day off with multiple stops of $50-$60, which was VERY discouraging. I tried to reiterate to myself that a trend following system accepts those losing positions, and knows that the profit will come from the trade that really takes off. Here's the trade that took off for me in the afternoon session and took me from being negative today to a profit of $625:



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