Trade Summary
20130228
Short 2 YM 14080, 14080, -3, -5
Short 2 ES 1519.5, 1519.25, +2.0, +1.25
Long 1 TF 910.0, +1.3
Long 1 TF 908.7, +1.2
Short 1 TF 909.6, -0.2
Total YM -8
Total ES +3.25
Total TF +2.3
Not all trade signals work out. Sometimes it's nothing more than a frothy market that knocks you out, only to confirm the signal earlier shown to spite you. Sometimes the charts don't quite fulfill a signal, and you are left standing on the platform as the train leaves the station without you. This is why you trade with a plan. This is why you consider 4 index futures contracts that behave just differently enough to spread the opportunities and signal the turns and breakouts. Stay focused. Know your trade plan and trade it with discipline, despite the temptation to tape-read the ongoing trend. Tape reading is intuition, and the most dangerous thing about it is that sometimes it actually works....
