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| July Corn Daily |
We broke out of the wedge to the downside and hit our Stop. Not much more to say.
It looked very promising when we entered, but a significant percentage of trades don't work out. The best you can do is follow your process, that has a proven edge, and control your risk. You can't ensure a win when you enter a trade, but you can go a long way to control your risk.
Bottom Line:
Entered: 794 1/2
Exit: 781
Net: 781 - 794 1/2 = -13.5 * $10/pt = -$135.
Entered: 785
Exit:772 5/8
Net: 772 5/8 - 785 = -12.375 * $10/pt = -$123.75
Total loss: $135 + 123.75 = -$258.75
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