20131107
Short 3 TF 1101.9, 1102.4, 1102.5, 1102.5, +0.1, +0.5, -0.5, -0.7
Short 2 YM 15747, 15747, +7, +14
Long 2 NQ 3368.25, 3368.25, +2.0, +3.0
Short 1 NQ 3368.75, -1.5
Long 2 TF 1096.1, 1095.7, -1.0, +0.5
Long 2 TF 1094.6, 1094.0, -1.0, -0.7
Long 3 TF 1091.8, 1091.8, 1091.6, -0.7, -0.7, -0.5
Long 3 TF 1091.0, 1091.0, 1091.0, -0.7, -0.7, -0.7
Long 2 TF 1088.3, 1088.8, +2.0, +1.5
Long 2 NQ 3340.25, 3340.75, +5.25, +2.0
PM Trades:
Short 2 TF 1087.1, 1087.5, -0.8, +0.7
Short 2 YM 15671, 15672, -6, -6
Short 2 TF 1089.9, 1090.2, 1090.2, -1.0, -0.6, +0.5
Short 2 TF 1090.7, 1090.7, +1.5, +0.8
Long 2 TF 1080.9, 1081.9, -0.9, +0.7
Long 2 NQ 3323.75, 3324.75, +5.0, +1.75
Long 2 TF 1078.9, 1079.0, +0.7, +1.4
Total YM +9
Total NQ +17.50
Total TF -0.3
Today, whipsaw volatility kept me treading water. But I took my eye off a critical breakdown level from the larger frame when I failed to find an adequate trigger to enter on shorts in the TF. Chose the NQ instead and got whipped out. Once out of sync, it is always mentally harder to get back in when taking immediate recovery trades. Stepping back from it all, even at the risk of missing the next entry signal, would have been the wiser move this morning. And the Midday Frame trades near the Noon hour fared no better, as the extra excursion there made me play catch-up to early entries and stp-outs too. But I love days like this. The opportunity the market offers is so tremendous. We have to be thankful for all that it brings us, and stay determined to be on our game whenever we approach it with trades. Stay disciplined. Stay calm.
PM Addendum
Moth to the flame, as I couldn't resist the volatility. Only fared moderately better with late PM trades, givijng up on them too soon as is typical when playing catch-up to a losing day. Did manage to crawl back into positive territory after a pretty dismal morning. Since I see each day as a goal of getting positive and staying positive, I don't apologize for taking profits too soon when seeking the return to health for the day. But nonetheless, the best trade in the afternoon I failed to take altogether when I finally got positive, and the earlier short, which required 3 attempts total, was exited so far before it was ripe as to be embarrassing. When the dust settles on this day, will take the time to review it in detail over the weekend, as the best source of self-improvement is always in one's own trades. Stay focused. Be objective in self criticisms. The market is always bigger than you, and you are forever a student of the market.
