20180206
Short 1 NQ 6540.0, +26.0
Short 1 NQ 6584.0, +20.0
Short 1 RTY 1499.0, -0.2
Total NQ +46.0
Total RTY -0.2
The test of a methodology is it's behavior in both nornal markets and volatile, in both markets ingested with news, and on those days when even a minor economic report fails to appear on the report docket. Today, volatility was extreme. The Dow mini took 100 pt bounces in the early going like they were mere ticks. The NQ sported 100 pt moves like the weather was a calm Spring day. But Serial Sequent, the TTI Momentum Indicator and the Pivot Exhaustion Grid aligned into trade entry models like they would on any other day with less than 1/10th the volatility.....only you had to remember to pull your targets quickly, because the resulting swings were a lava flow of opportunity. ....and I left 4 times my daily goal on the table just getting out too soon....to just sit on my hands in the bleachers and watch the game unfold... Have a Trade Plan consisting of robust models that work in any market climate. Stick to the plan. And my mentor was fond of saying, "Position yourself to be surprised."
