9:15 AM
Adventures in trading this AM. On Stop & Reverse situations I enter the stops in two parts, 1st is stop loss on original position, 2nd is buy (in this case) on stop with stop loss on that position if buy on stop is hit. Canceled buy on stop with conditional stop loss @ 8:25 AM, then tried to cancel base stop @ 8:35 thinking I could get better entry (market was trading in 1132.00 area). Couldn't get a confirm that stop was canceled so entered order to close short ES's which was executed. Finally called TOS trade desk a little while ago and found out 2nd stop loss cancel was unsuccessful and was actually executed so am long ES @ 1135.00.
Changed Stop & Reverse to straight Stop Loss @ 1135.00.
Friday, September 24, 2010
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