2 Identical Day Trades on Gold Futures; 1 winner and 1 loser...here's why

151 views · Published 15 November 2010 · 8:58 · Indexed 10 October 2026

Channel: Joseph James Trading With JJ · 2010 · Education

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http://www.sidewaysmarkets.com/2010/11/stop-loss-on-gold-futures-selling-highs.html

We got our week started today with another day filled with profits and opportunities to learn more about the markets we trade most.
We took 12 winning trades today and earned over 270 ticks, but the trade that stands out MOST from today was the LOSS on Gold @ 1030am est.
We had just bounced off support, and we were waiting for Gold to test the highs.  My first short off the highs was a loss, but the next trade short made ALL the money right back.
So what did we learn?  
You'll need to watch!
Click here to see what lessons we learned on our way to another great day of trading in our live trade room!

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