20160907
Short 1 TF 1255.4, -0.3
Long 1 TF 1255.9, -0.4
Short 1 TF 1255.8, -0.3
Short 1 TF 1256.0, -0.4
Long 1 TF 1256.3, -0.4
Short 1 TF 1256.1, -0.5
Short 1 NQ 4838.75, -0.5
Short 2 TF 1256.6, 1256.6, +0.6, +1.0
Long 1 TF 1253.2, +0.7
Total NQ -0.5
Total TF -0.0
Today, having missed so many good ones of late, I finally got committed to taking some breakouts, and as Murphy well noted when making his Laws, these were poor choices and failed immediately. The best breakouts are clean and do not hesitate to show profits. Although you might give up the opportunity too quickly if, instead, the action starts off slow and choppy, there's nothing wrong with using a clean break-out requirement as a filter to keeping the trade. Keep the losses small when taking breakouts...but be willing to take more of them. Eventually, you'll out maneuver Murhpy and catch the breakouts that work, assuming you have good models that qualify and filter them from those that shouldn't be taken in the first place.
