20140515
Long 1 1189.9, +2.0
Long 2 YM 16505, 16507, -5, -7
Long 2 NQ 3572.0, 3572.0, +2.0, -2.5
Long 2 TF 1182.5, 1182.7, -0.5, -0.7
Long 3 TF 1182.4, 1182.4, 1182.4, +1.5, +1.5, +1.0
Long 1 TF 1183.7, -1.0
Long 1 TF 1182.7, -0.7
Long 2 NQ 3556.5, 3556.5, +2.0, -2.0
Long 1 TF 1179.2, 1179.4, +1.0, +1.5
Long 1 TF 1182.0, +2.0
Long 1 TF 1181.9, -0.7,
Long 1 TF 1181.5, +2.0
Short 1 TF 1185.8, +1.7
Total YM -12
Total NQ -0.5
Total TF +10.6
At one point near the lows, I misread a signal and got in on what would have been too early for my trade plan, but the momentum indicator was reading go and the trade worked. So a couple points of today's net was more attributed to that than skill or plan adherence. One of the longs in the TF should have been taken in the NQ where the signal was complete. Under certain parameters, borrowing signals from one contract and trading in another is a great tool. But I readily admit that I got the wrong signal and got in the TF instead on pure luck for that trade. ...but that trade only. Big swings mean big profits but can also mean tough losses. If the method for trade entry models is valid, it should work in high volatility as well. But trade within your means and your experience. A day like today can just be watched sometimes. As those days too hot to handle can be waived in lieu of tomorrow's action instead. Stay focused.
