20140115
Short 3 YM 16366, 16364, 16366, +7, -1, +5
Short 2 TF 1167.9, 1168.0, -0.3, +0.5
Short 1 TF 1168.2, +1.2
Short 1 YM 16406, -7
Short 2 YM 16410, 16411, +5, -5
Short 1 TF 1166.8, -0.3
PM trades
Long 2 TF 1165.6, 1165.3, +1.2, +0.7
Total YM +4
Total TF +3.0
Several aspects to my 1st frame performance today as same as yesterday. Meager profits. And today, can point to very clear trade opps in both the ES and NQ which I ignored (more correctly, lost focus of) while trading the TF, which exhibited poor Entry Model minutia. But returning to the PM frame in anticipation of the 2pm Beige Book and a possible Pre-News setup, gave me 2 more pts in the TF for a modest, but decent day. After that, I smartly pulled up chips and went home. Stay disciplined. Consistency from day to day is far more important than playing catch up to missed profit goals. Profits are the opposite of glory. A trader seldom ends up the month with both.
