I'm posting this trade to show what happens when I ignore my own trading rules. I knew going into the trade that there wasn't enough volume to support the three consolidation breakout, but I took the low risk entry anyway. So I got what I deserved, a stop out.
Tuesday, June 20, 2006
Three Day Consolidation Breakout Failure - PAYX
I'm posting this trade to show what happens when I ignore my own trading rules. I knew going into the trade that there wasn't enough volume to support the three consolidation breakout, but I took the low risk entry anyway. So I got what I deserved, a stop out.
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