After I got stopped out 'THREE' times in a row for the same setup, Wheat went my way at least 15 pts (or $600). This is a typical example of trading. When I get in, I get stopped out. When I don't get in, it goes my way. What I did right though was to take my stops where I'm supposed to take. All I needed was one trade to offset all the losses, but I suppose I missed it. Some may argue I'm using a too tight of stop, while it's a valid point especially considering Wheat's volatility lately, my setup doesn't need a tight stop.
Losses are small compared to what I've been doing this month. I was up about $1500 so far, so even after these 3 losess, I should be up $1100. I would take extra $1000 a month any time. In fact $1000 a month in trading was my goal last year.
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