Trade Summary
20130212
Short 1 TF 912.6, -0.2
Short 2 YM 13934, 13935, -5, -5
Short 1 TF 913.5, -0.6
Short 2 TF 913.6, 913.7, -0.4, -0.2
Short 1 TF 914.2, -0.3,
Long 1 TF 914.5, -0.3
Long 1 TF 915.2, -0.2
Short 1 TF 915.2, -0.2
Short 1 NQ 2768.25, -0.75
Total NQ -0.75
Total YM -10
Total TF -2.4
You seldom learn anything from your profitable trades. Sometimes they work even when they shouldn't. Such trades often do more harm than the profit did good. What can even be more frustrating, however, is when your losing trades offer you nearly nothing to improve on. Those are both a waste of capital and your time. Sometimes the best you can learn from a day of bifurcation and drift is just to keep your losses small, and don't let them exceed more than a day's goal of profits. After entering, and price begins to go your way, move the stp's to within a few ticks of your entry. You're looking for a trading day that offers follow-through to entries in the direction of your trend. A choppy market will simply bump you out. Fine. Because if it's too choppy, you shouldn't be trading in it anyway. Call it day. The market will improve. Some lemons do not make lemonade.