Mon Nov 11 Trades & Journal

20131111
Short 2 TF 1095.6, 1096.0, +3.0, +0.7
Short 1 TF 1096.3, -0.3
Short 2 YM 15724, 15728, -6, -3
Short 2 NQ 3362.25, 3362.24, -1.25, -1.25
Short 2 TF 1099.9, 1099.7, +1.3, +0.7
Long 2 TF 1097.4, 1097.3, +1.2, +0.5
Long 2 NQ 3355.75, 3355.50, -1.0, -0.75
Long 1 TF 1096.5, -0.5
Long 2 TF 1096.1, 1095.9, -0.5, -0.4
Long 1 TF 1095.2, -0.6
Long 2 TF 1094.5, 1094.4, +1.0, +0.9
Long 1 TF 1094.4, +1.0
Total YM -9
Total NQ -4.25
Total TF +8.0

If you were just watching my initial trades within those early TF whipsaws, it might not look like there was any sense to it. But every trade was part of an Entry Model. In fact, I missed two of the best ones today, and still did well. Volatility is the key. The slow bull or bear grinds into Persistent Trends are murder. You need swings to make profits in index futures, otherwise, you may as well be trading wheat. Stay focused. When the entry model appears at the right edge of your video screen, no thinking allowed. Take the trade. Take the consequences. If the model does not work far more often than it fails, it has no business as part of your Trade Plan anyway.