20140422
Long 1 YM 16393, +17
Short 2 TF 1141.3, 1141.7, -1.0, -0.5
Short 1 TF 1142.8, -0.5
Short 2 NQ 3558.25, 3558.25, +2.0, -1.25
Short 2 TF 1144.9, 1144.9, +0.7, +2.0
Short 1 TF 1145.8, -0.2
Short 1 TF 1147.6, -0.6
Short 1 YM 16448, -7
Short 2 TF 1148.5, 1148.5, +0.7, -0.2
Short 2 NQ 3576.75, 3576.75, +2.0, +4.0
Short 1 TF 1149.2, +1.4
Long 3 TF 1146.6, 1146.1, 1145.9, -0.0, +0.5, +1.5
Total YM +10
Total NQ +6.75
Total TF +3.8
Persistent Trend Days often give you the subtlest of early signs, and this one was no exception. ...and yet I ignored the first, and was late taking the 1stChanceTexaco entry for the 2nd. That I managed to make a profit today was sheer persistence of my own at key levels, but the best trades of the day were either missed altogether, or not well handled. Since the Persistent Trend model is a different section of the book of 'rich environments', it requires a distinct shift in attitude and habit. ..and therein lies the rub... that switching out of the more typical behavior patterns of the more typical 1st Frame action is, in and until itself, a temporary suspension of what has become more ingrained behavior, that in order to trade the entire spectrum of models competently, one must act without habit altogether, fresh each day, embracing--in the words of S. Kotler--the novelty, the complexity and the unpredictability associated with true flow. True flow can never become habitual... if for no other reason because the market is never really the same from day to day, despite the repetition of broad, day model attributes. And therein is the paradox of trading. Stay fresh. Stay loose. But stay focused; and operate from the strict discipline of the Trade Plan and all the behavior governors associated with it.
