20180503
Long 1 NQ 6594.25, +5.0
Long 1 NQ 6595.25, +5.0
Long 1 ES 2613.75, +3.0
Short 1 NQ 6625.0, -3.0
Short 2 NQ 6631.75, 6631.75, -2.25, -2.25
Short 3 NQ 6638.0, 6638.0, 6638.0, +5.0, +6.0, +10
Long 2 NQ 6607.75, 6607.75, +2.0, -3.5
Long 2 RTY 1540.9, 1540.2, -1.5, -1.5
Long 4 RTY 1537.8, 1537.8, 1537.8, 1537.5, +0.7, +0.7, -1.0, -1.0
Long 2 NQ 6580.25, 6580.25, +10.0, +5.0
Long 1 NQ 6573.75, -2.25
Long 2 RTY 1533.5, 1533.5, -1.5, -1.5
Long 2 NQ 6556.0, 6556.0, +5.0, -0.5
Long 2 NQ 6552.25, 6552.25, -2.25, -2.25
Long 2 NQ 6542.75, 6542.75, +5.0, -0.5
Total ES +3.0
Total NQ +39.25
Total RTY -6.6
A good example today of what so often happens when given the choice--after reaching a daily profit goal--whether to get sucked into the alluring volatility and continue with trades or quit with so much time left in the frame. Sometimes the choice isn't even the inducement of further volatility....sometimes I quit when ahead when I just feel the need for some strong coffee... but today, for whatever reason I had or didn't have, to quit while ahead, I continued trading. In this case, it might be fairly said I was induced into proving the methods I use would work against an aggressive selling trend. But the ride was so rough that the profits I made in one contract were easily overtaken by the losses in another. Net nothing. Have a daily profit goal. The more you trade after that, the greater the number of opportunities you have at trading errors and losses. Just the extended concentration alone will begin to cause errors and poor execution timing.
