20140828
Short 2 NQ 4058.5, 4058.75, -1.0, +2.0
Long 1 TF 1161.4, +1.3
Short 1 NQ 4060.25, -1.25
Short 1 ES 1992.5, -1.0
Short 1 YM 17041, -1
Long 1 NQ 4060.75, -2.0
Long 1 NQ 4060.75, +3.0
Long 2 TF 1163.1, 1163.1, +0.5, +1.5
Long 1 TF 1162.5, +1.0
Total ES +1.0
Total NQ +0.75
Total TF +4.3
Getting out too early is one of the worst traits in trading to suffer from. Often, it can be solved by having more contracts to simply parse out. But that requires greater initial risk, or greater initial confidence that the trade entry models identify the bigger intraday swings successfully. When price action is more choppy and less volatile, as is often the case in mid-August doldrums and other lower volume periods, confidence expressed by longer holding periods or bigger positions can simply generate more losses. But when this period subsides, I need to re examine how to capture more of the available excursions from the solid entry models now being employed. Stay disciplined.
