Trade Summary
20140501
Short 1 NQ 3586.75, +6.0
Short 1 TF 1120.7, +2.0
Long 1 YM 16506, -7
Long 1 TF 1113.4, -0.0
Long 1 TF 1112.0, -0.0
Long 2 TF 1113.3, 1113.1, -0.6, -0.6
Long 2 TF 1113.3, 1113.3, -0.2, -0.2
Long 2 TF 1114.0, 1114.0, +2.0, -0.0
Long 1 TF 1114.1, +1.0
Long 1 TF 1112.4, -0.7
Long 1 TF 1111.1, -0.6
Long 1 TF 1111.2, -0.3
Short 1 TF 1112.8, -0.6
Short 2 ES 1875.5, 1876.0, -1.5, -.75
Short 2 TF 1116.2, 1116.1, -0.6, -0.5
Short 2 TF 1118.2, 1118.6, -0.7, -0.4
Short 2 TF 1122.5, 1122.5, -0.5, -0.5
Short 3 TF 11230. 1123.0, 1122.8, +2.0, +1.5, +1.2
Short 1 TF 1129.5, -0.1
PM Trades
Long 2 TF 1118.7, 1118.6, -0.5, -0.5
Long 2 TF 1117.3, 1117.3, +0.7, -0.4
Total YM -7
Total ES -2.25
Total NQ +5.0
Total TF +1.9
Volatility is an attraction, like moth to flame. Today, the longs taken at the lows were well within Trade Plan, but the volatility kicked me out many times. Then I fell to a fatal flaw I should know better.... that of fading the 2nd trend after the lows were in, as sort of a revenge to participate having missed the Low-of-Day that I had tried so hard to position for. The final set of shorts at the Kilroy saved the day from a net loss, but is easy to see my poor trading in the number of entries taken. The desire to participate when the swings are so volatile can be like a fever that influences subsequent trading. Once the ice is broken, then one bad trade can follow the other. What's bothering you most along the way is the profit you're missing, not the losses you take. And meanwhile, the losses start to pile up. Stay calm. Assess the situation. You never really 'miss' the market's events. There's a better opportunity in a few minutes and a different outlook to go with it.
