Making Up Losses

Making up losses

First let me say that I was trading AH (After Hours). I usually don’t trade these hours because of light volume which can cause gaps and spikes or no movement at all. I saw a setup where the ES was below 2100 and I thought what a good short it would be if it dumped, after all 2100 is a big psychological number- go long over 2100 and go short under 2100 is my mindset. Makes sense but it didn’t work out that way and I was stopped out by a spike that rallied 4 points or $200 (it could also have dropped 4 points in my favor). So today I was in the markets making up the losses instead of making fresh profits today.

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