20141119
Long 1 YM 17611, +13
Short 1 YM 17631, -7
Short 2 TF 1161.2, 1161.5 +2.0, +1.0
Short 2 YM 17636, 17636, +7, +10
Long 3 TF 1158.2, 1158.6, 1158.3, -0.3, -0.4, -0.3
Long 2 NQ 4211.0, 4211.25, +6.5, +2.0
Long 1 TF 1158.1, +1.0
Long 1 TF 1159.1, -0.4
Long 1 TF 1152.8, +0.2
Long 1 TF 1152.5, -0.0
Long 1 TF 1152.8, -0.0
Long 1 TF 1148.9, +1.0
Long 1 TF 1150.0, +1.9
Total YM +23
Total NQ +8.5
Total TF +5.7
Market action for the day tends to 'condition' you. I repeatedly let decent trade profits go by in the early TF action today when just shy of achieving a 2 pt target, only to get stp'd out at b/e as the TF sought out lower lows. Then, when more decisive buy signal did appear, I was conditioned by my earlier mistakes and settled for the smaller profits I had ignored in earlier trades, only to watch the market continue ascending into the type of runner I had hoped to uncover earlier. Such does market action 'condition' you to eventually repeat a solution just when it no longer applies and the context has changed. And this is not a condition to which it is easily applied the euphemism "lesson learned". In the here and now, that lesson is long forgotten in the need to nail down the minimum profits wanted for the daily goal before the end of the 1st frame arrives.