Fri Dec 15 Trade Signal Summary & Journal

20171215
Short 1 NQ 6430.0 +4.0
Short 1 RTY 1518.9, -1.4
Short 2 RTY 1521.1, 1521.1, -0.7, -0.7\
Short 2 RTY 1524.1, 1524.1, -1.4, -1.4
Short 4 RTY 1526.1, 1526.1, 1526.1, 1526.1, +2.0, +2.0, +2.0, +2.0
Short 2 NQ 6433.0, 6433.0, -1.0, -1.0
Short 1 NQ 6435.0, -0.75
Short 2 NQ 6440.0, 6441.0, -2.0, -2.0
Short 3 NQ 6444.0, 6444.0, 6444.0, +4.0, +4.0, +5.0
Short 1 NQ 6453.5, -0.25
Short 2 NQ 6458.5, 6460.0, -3.0, -0.0
Short 2 NQ 6461.5, 6461.5, -0.5, -0.5
Short 2 NQ 6463.0, 6464.75, -3.0, -2.0
Short 2 NQ 6474.25, 6473.75, -1.5, +1.0
Total NQ +0.5
Total RTY +5.2

You get what you deserve in the market place. It rewards good trading behavior, and punishes the bad. And it teaches you what good trading behavior is--all along the way of your personal market history observations--if only you will listen to it. One good reason for giving back those early 10 pts in NQ profits: I traded yesterday afternoon, outside the trade room, as I was in front of the screen trying work on some other projects. ...and I could do no wrong, it seemed. Made 7 bills on two clear short signals, and it apparently went right to my head. Because today, after recovering from some small early losses, I hit both RTY and NQ for some decent gains. ....and thought I could again do no wrong. Dumb. Took too many trades, traded outside my first frame parameters, and fought the obvious Persistent Trend Day Up model in NQ til I had blown the whole 10 pt NQ profit. This is a gambler's psychology, not a trader's. A Trader quits when goals and time period has arrived. A gambler doesn't quit until he's lost everything he's made....and more so. Learn to trade according to a strict Trade Plan that covers not only your Technical Event Concepts, but also your Behavior Governors. One without the other won't get you very far.