Thursday, December 16, 2010

Burnt

I closed out most of my positions at losses and re-entered into SU (SunCor). A big oil integrated energy company in Canada. It looks poised to be on a break out.

If it does, I will hold and walk away from trading for a while.

2011 is here and I hope to improve my risk management and risk taking.

My biggest concern is my position size. Being impatient is my biggest enemy.

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