20160219
Long 2 TF 998.2, 997.3, +1.0, +4.0
Total TF +5.0
Trade management must be rule based and semi-automatic. If your buy zone allows averaging in a better price, then it should be taken without regard of the trepidation you suffer at the hands of unexpected volatility. The same can go for using a decent size default target when trading the early intraday swings of something as volatile as the mini-Russell 2000 contract. "Position yourself to be surprise", my mentor was fond of saying. But too tight an exit target will deny the fruits of such surprise strength in reversals. Give the market a bit of room to breathe, and it will tend to fulfill its excursions at the significant exhaustion and pivot targets.
