An index futures trading journal.. and the occasional off-topic blog

Friday, July 06, 2007

Today was frustrating. I could have made ten points in the after hours if I had placed a sell order and then could have locked in another 6 points this morning if I had not botched up the sell order which got filled after I canceled it. Xpresstrade labled it as a TLTC (too late to cancel). I only lost a point though. It seems I got the whole entry thing down but need to work on my exit strategy.

Anyway, I'm betting that the S&P will top out a little more before hitting major resistance. I won't get a chance to be in front of the computer all next week but am hoping some set ups present themselves in after hours.

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I am a full time systems engineer and a part time futures trader. I'm aiming to become a full time trader in the next couple years.