20131030
Short 2 YM 15648, 15648, +7, +25
Long 2 TF 1116.4, 1116.3, -0.4, +0.4
Long 2 TF 1113.9, 1113.9, +0.7, -0.4
Long 3 ES 1766.0, 1766.5, 1766.0, -0.5, -0.0, -0.5
Long 2 YM 15609, 15612, +7, +15
Long 1 YM 15618, +10
Long 2 TF 1113.2, 1113.0, -0.4, -0.2
Long 1 TF 1112.4, -0.4
Long 1 YM 15609, -5
Short 1 YM 15599, -1
Long 1 TF 1115.5, -0.5
Long 1 YM 15590, -1
Long 2 TF 1108.5, 1108.4, -0.7, +0.7
Long 2 YM 15590, 15589, +14, +5
Long 1 TF 1108.2, +1.0
PM trades:
Long 1 YM 15615, +20
Long 2 YM 15583, 15583, -4, -4
Long 2 TF 1102.6, 1102.4, -0.0, +1.0
Long 1 TF 1102.9, -0.3
Long 2 TF 1102.5, 1102.5, -0.6, -0.6
Long 2 TF 1102.2, 1102.2, -0.4, -0.4
Long 2 YM 15513, 15513, +7, +20
Total YM +115
Total ES -1.0
Total TF -1.5
Gave into several weaknesses today. The first is that I took too many trades in the AM. My excuse was that the YM signals were so good, but far less profitable than successful trades would have been in the TF, if I had made any successful trades in the TF, that is. Those were scant, but the YM success kept me coming back for more TF. And same story for the FOMC volatility in the PM session. It was if the TF and YM were trading on different days of the week, both yesterday and today, so it does complicate things, especially as my Trade Models usually assemble around a confluence of disparate technical phenomena from several contracts. Since I'm using the same event models for both contracts, when one is failing repeatedly at support/resistance/exhaustion zones, you might realize the issue has persistence, and simply avoid fresh positions in that contract for the rest of the day. But that wisdom is usually only acquired too late. I'll let this day settle on me a bit, and try to come back to its significance in the days ahead. There's something initially intangible regarding trade behavior to learn from this.... but not sure how to convey it in precise enough language yet to be of any self-help. Stay focused. Each day is different, but your Trading Plan and behavior governors do not change.
