Betray My Friend
The trend is your friend, don't you ever betray him. It is true...I just have a bad days on friday..I have to call it as Friday the forth. But the problem is I betray my only friend in the market - TREND - and it cost me. Actually, I just tried to make some improvisasion on my trading style. I tried to fade the trend movement as soon as my analysis said that the stock is overbougth. It was not hurt my bottom line too deep because I closed the position soon but it gives me a pretty lesson. It is better to use every overbougth signal only exit your position, not for taking a new position whenever the trend is not on your side.