20150113
Long 1 TF 1190.1, +1.5
Short 2 ES 2048.0, 2048.25, -1.5, +0.25
Short 3 TF 1193.9, 1193.6, 1193.5, -0.3, +0.7, +1.0
Short 2 TF 1198.4, 1198.1, 1198.3, +1.0, +0.7, +0.7
Long 2 YM 17799, 17803, +14, +7
Long 2 TF 1195.7, 1195.3, +1.4, +0.7
Total ES -1.25
Total YM +21
Total TF +7.4
Trading is full of apprehensions. "It's failing to go any higher..." at the point where it wants to breakout; "Having gone so high, this pullback has to turn soon and get back in trend..." at the juncture where it's about to fail and puke the whole morning back down. But the Trader is a machine. He leaves all the emotion to the Analyst and the Accountant. Their emotions and assumptions are congenital. There's no point in being annoyed with them. They are who they are, and they always want more of the same. But the Trader works on principles and rules. These, he imposes on himself from the outside. They are not inherited or given. They are acknowledged and practiced until habitual. The Trader is self-made. Assign the Trader limits to the temptations of bad trading behavior, and the requirement that he take certain entry models despite--or even because of--overwhelming apprehensions. The Trader is the Rule of Law.
