20150609
Long 2 YM 17754, 17757, -7, -7
Long 2 YM 1737, 1737, -7, -7
Long 2 TF 1245.5, 1245.3, +1.5, +1.0
Short 1 TF 1244.6, -0.8
short 1 TF 1244.0, -0.7
Short 2 TF 1243.1, 1243.1, +0.7, -0.7
Long 1 TF 1241.1, -0.7,
Long 1 TF 1241.4, +2.2
Short 1 TF 1245.1, -0.7
Short 1 TF 1246.0, -0.5
Short 2 TF 1249.6, 1249.6, +0.7, -0.7
Short 2 TF 1249.7, 1249.9, -0.7, +0.5
Total YM -28
Total TF +1.1
Market action can influence and prejudice your appraisal of trend. But the market often appears as one thing, only to become the other. Today, I let myself suffer from that and although I acted on longs at the lows, did too little commitment to capture the fuller excursion and insufficient size to overcome smaller losses. After the lows were in, I allowed that same prejudice to block me from an important bull inflection breakout opportunity, also which would have put me into profits on the day....
In order to learn from the days mistakes, consider the 'swing thoughts' that occupied your motives at the time the errors were made...both immediately after the day's trading is done, and then again a bit later when emotions have subsided. What were the entry models that would have put you into action at the right places? Why did you ignore them, and what internal conflicts can next time serve as helpful 'tells' to get your rally cap around the other way next time this occurs...? ...and it will occur again, of this you can be sure. The question is, will you be a different trader when it does?
