Small Losing Trade Today and Missed Opportunities So Far in the E-Mini S&P 500 Futures

In today’s video you will see how the first trade was a small loss (1.50 points) in the E-mini S&P 500 futures contract (even though the trade direction was more than right). The market from that point on continued to move higher and higher with very small pullbacks, therefore not allowing me to enter the market because the market did not pull back far enough to allow me to enter. Yes this is frustrating, but it’s part of the game. You’re not the only one that misses trades here and there. I listened to my rules and simply missed out on a big move. I don’t chase the market simply because I missed a trade, and I suggest you don’t either unless you want your head handed to you a majority of the time. Have a great day and I hope you learn a little something from the video.

 

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