20140520
Long 3 TF 1104.3, 1103.8, 1103.0, -0.0, -1.4, -1.4
Long 2 TF 1101.4, 1101.4, +1.0, -1.0
Long 2 TF 1100.1, 1199.9, +1.3, -0.4
Long 4 TF 1197.4, 1198.1, 1197.0, 1197.0, +2.0, +1.0, +3.5, +2.7
Short 2 YM 16425, 16425, -6, -3
Long 2 TF 1196.1, 1195.6, +0.7, -0.7
Short 1 TF 1198.4, +1.7
Long 1 TF 1198.9, +1.5
Total YM -9
Total TF +10.5
Sometimes persistence is better than brilliance. Today, found myself counter trend trading too early into the TF's decline and had to dig myself out. The final was was the sweetener and risked going 'all-in' on 4. Was only able to find one TF short entry to play an in-trend position, but missed the NQ which afforded an excellent short at the Kilroy. Keep your focus across the board at such times. It's not divided, it's just broad enough to consider the positions of all four contracts, which can be done at a glance. Give up your losses quickly in your mind. While nursing the smarts of a loser, the winner is getting away.
