20150126
Short 3 TF 1179.0, 1179.8, 1180.0, -1.4, -0.7, -0.7
Short 3 TF 1181.0, 1181.0, 1181.6, -1.6, -1.6, -0.7
Short 3 TF 1182.3, 1182.3, 1182.3, -0.7, -0.7, -0.7
Short 3 TF 1183.7, 1183.7, 1183.7, -0.5, -0.5, -0.5
Short 2 TF 1187.5, 1187.5, +2.0, +2.0
Total TF -6.3
Sometimes you fail your Trade Plan. The trades are all in front of you, but you balk, or believe you know better than your plan and proceed into a trade without it. But sometimes your Trade Plan fails you. On those days, its the volatility that you depend on so much blows right through your stops, one level after another. But there is always something to learn from any day's losses. And today, I failed to recognize, unlike the low on Friday, that today's low was just as significant as a WorkDone concept and more worthy of my respect than my early shorts proffered. Slow down when surprising volatility appears. Something bigger is afoot than your normal stops and swings. Let it work itself out, then step in as others are finally being stop'd out of their unworthy assumptions. Be disciplined.
