Saturday, March 24, 2018

Update on the CSCO trade

DISCLAIMER: The information presented here is for informational purposes only. These are not trade recommendations. Please follow your own trading plan. Trading is extremely risky and you may experience substantial losses.

Following up on the CSCO long I entered on March 9, 2018.

I got stopped out on Friday, March 23, 2018 for a small loss.

The overall market was down quite a bit the last couple of days.  It's a tough time to go long as most of the movest will be correlated to the wider market.

Although this was a losing trade I don't feel poorly about it.  I followed the rules and took the loss at the original point I planned to.

On to the next one..

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