Mon Jun 3 Trades & Summary

Long 1 NQ 2985.25, -1.0
Long 1 TF 984.8, -1.4
Long 1 ES 1628.25, +2.0
Long 2 TF 982.9, 981.6, -0, +1.8
Long 2 TF 983.8, 984.6, -0.3, -0.7
Long 1 TF 981.2, -1.4
Long 2 TF 979.5, 979.5, +1.4, +4.3
Long 1 TF 986.2, +1.5
Short 1 TF 992.4, +1.5
Long 2 TF 988.8, 987.4, -2.0, -0.6
Long 2 TF 986.0, 985.5, -1.0, -0.5
Long 2 TF 985.3, 985.3, -0.7, -0.7
Long 3 YM 15149, 15149, 15151, +10, -5, -7
Long 2 ES 1624.50, 1624.25, +4.0, +1.5
Long 2 TF 980.8, 981.0, +2.0, +0.4
Total NQ -1.0
Total YM -2
Total ES +7.5
Total TF +3.6

Behavior governors are like stp-loss orders in the market. They are rules designed to trigger a halt to our trading. Having a loss limit dollar amount in your Trade Plan is one such governor. ...but have a daily profit target is one too. Today, I showed the unfortunate tendency of being drawn to the big volatility like the proverbial moth to the flame. At one point, I had over 6 TF pts in profit, but nearly gave it all back on a brutal sell-off after the HOD was in (High-of-Day). I did recover a good piece of it as the buy signals renewed, but there was no reason for me to have traded into that decline anyway. Not for technical reasons, but simply because I had hit my profit goals for the 1st Frame Session of the day, from 9:30am to 11:15am ET. I'm not a big trader. And using the signal method I employee puts a practical limit on how many signals are likely to occur within a single frame of the day. If you reach that goal at anywhere near your total allowable trades per session, step aside. Profit goals can be as valuable as loss limits. This is a business, and it is a particular affect of the gambler to trade through his profits until he's lost it all. Stay disciplined.