Post-trade honesty: bad NAS100 click at London open
Posted: Sun Oct 04, 2026 7:53 pm
Writing this down because I promised myself I'd post the bad trades too, not just the tidy ones.
Tuesday, 08:03 London. NAS100 isn't even a London open instrument for me. I trade it in the afternoon when the US cash session is live. But the futures had dropped about 0.6% overnight on some earnings news, and I saw a sharp bounce on the M1 chart while I was watching EURUSD.
I bought. No plan, no level. Size was my normal afternoon size, which on a thin morning index market is too big. Stop was placed after the fill, not before, and it was based on a round number rather than any structure.
The spread at that hour was roughly three times what I normally pay in the afternoon. The fill was 2.4 points worse than where I clicked. Within ninety seconds the bounce faded and price went through my stop. Total loss: about 0.7% of the account, more than my average losing day.
What actually went wrong: I broke three rules at once. Wrong instrument for the session, no pre-defined stop, and normal size in abnormal conditions. None of these was a market problem.
What I've changed: NAS100 is now hidden from my Market Watch until 14:00 London. A bit childish perhaps, but it removes the temptation entirely.
The EURUSD setup I was supposed to be watching worked, by the way. I missed it while dealing with this.
Tuesday, 08:03 London. NAS100 isn't even a London open instrument for me. I trade it in the afternoon when the US cash session is live. But the futures had dropped about 0.6% overnight on some earnings news, and I saw a sharp bounce on the M1 chart while I was watching EURUSD.
I bought. No plan, no level. Size was my normal afternoon size, which on a thin morning index market is too big. Stop was placed after the fill, not before, and it was based on a round number rather than any structure.
The spread at that hour was roughly three times what I normally pay in the afternoon. The fill was 2.4 points worse than where I clicked. Within ninety seconds the bounce faded and price went through my stop. Total loss: about 0.7% of the account, more than my average losing day.
What actually went wrong: I broke three rules at once. Wrong instrument for the session, no pre-defined stop, and normal size in abnormal conditions. None of these was a market problem.
What I've changed: NAS100 is now hidden from my Market Watch until 14:00 London. A bit childish perhaps, but it removes the temptation entirely.
The EURUSD setup I was supposed to be watching worked, by the way. I missed it while dealing with this.