20180209
Short 1 RTY 1475.7.0, -1.5
Short 3 RTY 1478.0, 1478.0, 1478.0, +2.0, +2.0, +3.0
Short 1 RTY 1477.7, -0.7
Short 1 RTY 1479.9, +3.0
Long 1 NQ 6369.25, +10.0
Long RTY 1460.4, 1459.8, +0.3, -1.5
Long 1 NQ 6365.0, -6.0
Long 1 RTY 1457.3, -1.5
Long 2 NQ 6288.25, 6288.25, +10.0, +48.75
Long 3 RTY 1455.1, 1455.1, 1455.1, +2.0, +2.0, +7.0
Total NQ +62.75
Total RTY +16.1
Volatility is like a rubber band. The question is, when do you know that it's about to snap back? Our Trade Plan requires a combination of disparate technical event concepts to arrive simultaneously at the right edge of the video screen. ...but that doesn't always predict the extent of the exhaustion spike. When extending to such extremes, as did the post TrendCheck plummet, you must rely on the Trade Model still being intact before using a Martingale betting srategy of increasing size into extremes. Otherwise, you just add to the losses of your earlier stop-outs. Today was nearly ideal for that, as the plummet took place in an environment of increased volatility, but in so doing, set the stage for a powerful bounce-back. Thus the better than average profits. Stay alert. Stick to your plan. Plan for contingencies in market behavior.
