20210331
Short 5 MNQ 13013.25, 13013.25, 13013.25, 13013.25, 13013.25, 13013.25, -2.0, -2.0, -2.0, -2.0, -2.0,
Short 5 MNQ 13015.0, 13015.0, 13015.0, 13015.0, 13015.0, -3.0, -3.0, -3.0, -3.0, -3.0,
Short 5 MNQ 13050.0, 13050.0, 13050.0, 13050.0, 13050.0, -7.25, -7.25, -7.25, -7.25, -7.25,
Short 5 MNQ 13060.0, 13060.0, 13060.0, 13060.0, 13060.0, -5.0, -5.0, -5.0, -5.0, -5.0,
Short 5 MNQ 13069.75, 13069.75, 13069.75, 13069.75, 13069.75, -3.0, -3.0, -3.0, -3.0, -3.0,
Short 5 MNQ 13073.25, 13073.25, 13073.25, 13073.25, 13073.25, -1.75, -1.75, -1.75, -1.75, -1.75,
Short 10 MNQ 13074.5, 13074.5, 13074.5, 13074.5, 13074.5, 13075.0, 13075.0, 13075.0, 13075.0, 13075.0, -2.25, -2.25, -2.25, -2.25, -2.25, -2.0, -2.0, -2.0, -2.0, -2.0,
Short 10 MNQ 13085.0, 13085.0, 13085.0, 13085.0, 13085.0, 13084.5, 13084.5, 13084.5, 13084.5, 13084.5, -1.5, -1.5, -1.5, -1.5, -1.5, -1.75, -1.75, -1.75, -1.75, -1.75,
Short 10 MNQ 13099.0, 13099.0, 13099.0, 13099.0, 13099.0, 13100.0, 13100.0, 13100.0, 13100.0, 13100.0, +12.75, +12.75, +12.75, +12.75, +12.75, +16.25, +16.25, +16.25, +16.25, +16.25,
Short 5 MNQ 13125.25, 13125.25, 13125.25, 13125.25, 13125.25, +15.0, +15.0, +15.0, +15.0, +15.0,
Total MNQ +72.5
Persistence in trend is one of the more difficult challenges to interim swing and shorter term trading in futures. You start out flat, and then look for fractal algorithms to call the swings in pullbacks and breakouts in the market leader. The first trend usually dies into a Test-n-Reject pattern day. This model exhibits itself some 80% of the time. But if the market leader isn't really swinging in its initial trend, then you might be faced with a Persistent Trend Day, and will probably face several sets of stop-outs before even finding a swing.
Mentally, shifting from fading to going with trend requires an ability to turn your baseball cap around quickly. It's the 'Tin Cup' phenomenon. Once you get the yips, it's hard to shake them. And so it was with my trading today, that once I finally found a reversal that stuck, I only managed to get back just better then break-even for the morning. And so when the buy pullback appeared precisely at the Trend Check, I was just covering shorts, and--relieved to be back to scratch--found my head just wasn't ready to shake off those yips and go long.
....And of course, that long from the 10:30 Trend Check turned out to be the best trade opportunity of the morning, with a 50 point in-trend excursion.
This is trading.... the market tends to instruct you each day into doing precisely the wrong things at the wrong times. The lesson can be discouraging. A trade plan at least kept me after decent fade opportunities into meager profits for the morning, but I have to confess to many a Persistent Trend Day up where I could make no such claim.