Tues Apr 21 Trade Signals and Journal

20200421
Short 1 YM 23019, -2
Long 2 YM 22925, 22926, +25, +60
Short 1 RTY 1182.1, -0.8
Short 1 RTY 1182.2, -0.1
Long 1 NQ 8534.25, +33.0
Total YM +83
Total RTY -0.9
Total NQ +33.0


The best days in trading are one-and-done. I have almost no history of such days. But lately, because of the extreme volatility, short term swings that might normally produce a $200 profit, are producing 6 or $700, and I almost always exit a trade wondering why I got out so quickly. To add to this description, the early swings after the ORB tend to be the sharpest reactions. The longer you wait, the sloppier it can get. Traders are often more attracted to this later, slower trade. It appeals to their emotional state when facing such violent reactions. But if your trade models are correctly identifying these reversals with any consistency, the sweeping action of taking you into the ensuing move can easily over come the relative calm the slower, but more inconsistent signals more often atypical of later in the frame. Stay safe... this thing is almost over...