20070328 - CAL - 15mins - Loss

Symbol: CAL
Type: Short
Entry: The beginning of the 9th bar
Exit: Stopped-out during the 11th bar
Result: Lost -0.41%

This one puzzles me. The 7th bar was a Doji, a sign of reversal (I thought). And I waited for the reversal confirmation. Here came the a weak 8th bar closing close to its low, and below the Opening Low. I thought 'bingo!' I entered Short at the beginning of the 9th bar, and everything went North! My Stop-Loss kicked in during the 11th bar.