Yes, there should be a behavior governor that restricts the number of trades taken in any given frame. I try to limit mine to 10, and if I can get anywhere near 4 pts in the 1st frame of the day with less than 10, I'm quite willing to quit trading. Today, I grossly exceeded the 10 trade limitation. My only excuse is that so many were small stp-outs under choppy conditions, where the signals remained constant throughout the chop, thus inviting so many re-entries. Eventually it paid off, but most of the time excessive trading just digs a hole.
20120529
Short 1 TF 772.4, -0
Long 2 TF 772.9, 772.9, -0.4, -0.4
Short 1 TF 772.4, +2.0
Short 2 YM 12567, 12567, -3, -3
Short 1 TF 775.0, -0.1
Short 2 TF 775.7, 776.7, -1.4, -0.4
Short 2 TF 777.0, 777.0, -0.2, -0.2
Short 2 TF 777.1, 777.1, -0.2, -0.2
Short 2 TF 777.4, 777.4, -0.2, -0.2
Short 2 TF 778.1, 778.0, +1.0, +1.8
Long 1 YM 12585, -2
Long 1 TF 775.6, -0.2
Long 2 TF 775.4, 775.4, +0.5, -0.7
Long 2 TF 774.9, 774.7, +0.5, +1.0
Long 2 YM 12545, 12545, +5, -5
Long 1 TF 771.4, -0.2
Long 1 TF 770.6, -0.5
Long 2 TF 768.8, +0.5, +0.8
Long 1 TF 768.5, +1.0
Long 1 TF 768.1, -0.3
Long 2 TF 767.7, 767.0, -0, +1.0
Short 1 TF 770.5, +0.8
Long 1 TF 768.7, -0.0
Total YM -8
Total TF +5.1
