20180314
Long 2 YM 25040, 25041, +10, -10
Long 3 RTY 1594.1, 1594.1, 1594.1, +1.5, +2.0, +3.5
Long 2 YM 25033, 25033, +10, +30
Short 2 NQ 7092.75, 7092.75, +3.0, +10
Total YM +40
Total NQ +13.0
Total RTY +7.0
The secret to a consistent Trade Plan are its disparate technical event elements. It's never a matter of experienced intuition. Intuition, in the world of trading, is the dictionary definition of inconsistency. There is no guessing when following a good Trade Plan. Either the disparate technical pieces have all fallen into place, or they haven't. That doesn't mean your Event Concept Models work every time. It just means you take them whether when they all arrive in near simultaneous time. When the position fails, you accept your stop outs, and re-access if the model is still intact at a deeper level of price and at a further number along the Pivot-Exhaustion Grid. If so, that model is now even MORE likely to work than before where it stopped you out as the excursion continued. Therefore, the Martingale betting strategy adjusts your entry to increase the size--not an easy thing to do if you lose faith in your Entry Concept at its earlier stop-out.
Follow the Plan. It's far more likely to lead to consistency than your feelings. Feelings are like the fantasy concept of George Lucas' Star Wars 'the force'. And the best advice in the real world to have schooled the challenged Luke Skywalker was "Fade your feelings, Luke." Follow your principles. Feelings are lies about the real world, and just as in politics and ethics, arrive to induce you into a decision of comfort. Lies, of necessity, arrive as sugar. They always tell you to do what is easy, what is intellectual, and what seems logical in the false world of intellectual construct. Whereas, the truth tends to arrive at best as 'Plain Jane', and at worst as a bitter pill. And just so is it in trading. The best places to enter appear not because they are easy, but because they are hard.
