Last night, I had 6 trades. I was able to reduce my losses to only $28.20, however, I was bleeding pretty bad through out the night. I learned some very valuable lessons last night trading.

• Trend trading within a trading range don’t last very long.

My first trade went south on my and I cut my losses around $50.00. Four out of five trades resulted in a profit reducing my loss to only -$28.20.

• Opportunities only present themselves once

Had I placed a short when the trend reversed instead of thinking it was going to shoot to them moon, I would have made a nice profit. I really need to learn about oscillators now.