20130103
Long 2 TF 870.5, 870.3, -0.4, -0.3
Short 2 TF 870.2, 870.5, -0.6, -0.3
Short 2 TF 870.7, 870.5, -0.1, +0.5
Short 2 TF 872.0, 871.8, +1.0, +0.5
Long 2 NQ 2737.25, 2737.5, +2.0, +2.5
Total NQ +4.5
Total TF +0.3
Leadership is a fluid technical indicator. It complicates the trade plan if setup models use it as a condition qualifier. What if it changes or dissolves before your eyes? Such was the action today with two initial losing TF entries. Stay calm. Wait for the setups to gel. Eventually, some technical sense will be made of the trend signals and setups. Your trade plan has behavior governors that minimize your total losses and total losing trades allowable. Until that it reached, keep your powder intact until better setups appear. Sometimes a break-even day is a victory, and a small profit day is better than no profits at all. Trade the plan and stay disciplined. You'll do better tomorrow.
