20150311
Short 3 TF 1210.0, 1211.0, 1210.6, -0.0, +1.6, +0.7
Short 1 TF 1211.7, -0.4
Short 1 YM 17722, +20
Short 2 TF 1213.4, 1213.4, +0.5, +1.6
Long 2 NQ 4328.5, 4328.5, +2.0, +6.0
Total YM +20
Total NQ +8.0
Total TF +4.0
Trading is not based on which way you think the market wants to go....it's based on the models that appear at the right edge of your video screen. Today I shorted the market at the highs of the 1st hour. I was pretty sure it was going higher and I was about to get stopped out. So tickled was I to be making some profits as it fell that I settled for a simple mechanical profit. I was wrong about my opinions but I still took the trade. The model was right and I was wrong. Trade your models. We don't predict, we position. Get in the trade, and manage the outcome. Except the outcome. That is all we know in trading, and all we need to know.