20160304
Long 1 TF 1071.0, +1.8
Long 1 NQ 4305.5, -1.0
Short 2 NQ 4313.75, 431325, +8.0, +8.0
Long 1 NQ 4301.75, -2.0
Short 1 NQ 4313.25, +5.0
Long 1 NQ 4305.0, +5.0
Short 1 NQ 4333.5, -1.0
Short 1 NQ 4333.5, -1.0
Short 2 TF 1084.1, 1084.7, -0.0, -0.6
Total NQ +21.0
Total TF +1.2
Second trend efforts tend to be truer than 1st. That's a statistic from two of the three Day Models which show that Test-n-Reject are far more common than Persistent Trend. Today I could pretend to congratulate myself on limiting my attempts to short the 2nd Trend as it continued to grind up and through one resistance level and structure level after another. But the truth is, I already had my daily goal with some nice NQ trades, and it was my caution to not give that away on the last daily of the week more than the mark of self discipline to bide 2nd Trends very carefully. Consistency is more important than being right. And nothing feels better than after having been whacked very hard earlier in the week on Tuesday, to close put the 1st Frame on three days thereafter back-to-back with profits. ....and it's Friday. ...a good weekend to all...
