20210603
Short 5 MNQ 13545.0, 13545.0, 13545.0, 13545.0, 13545.0, -2.0, -2.0, -2.0, -2.0, -2.0,
Long 5 MNQ 4168.5, 4168.5, 4168.5, 4168.5, 4168.5, -0.5, -0.5, -0.5, -0.5, -0.5,
Long 5 MNQ 13483.75, 13483.75, 13483.75, 13483.75, 13483.75, -5.25, -5.25, -5.25, -5.25, -5.25,
Long 5 MNQ 13470.25, 13470.25, 13470.25, 13470.25, 13470.25, -5.25, -5.25, -5.25, -5.25, -5.25,
Long 5 MNQ 13464.75, 13464.75, 13464.75, 13464.75, 13464.75, +33.5, +33.5, +33.5, +33.5, +33.5,
Total MES -2.5
Total MNQ +105.0
The market action tends to train you to do exactly the wrong things at the wrong time. Good case in point today was my initial management of the ORB breakdown play into the first selling trend. The signal of an ORB pennant in the MNQ was clear. I ignored the emotional fear of calling and taking that trade despite the deep gap price started out with. But I was Moses with my stop placement thereafter, and choked it down to a small stop once it went my direction about 10 points. The best rule for changing a stop is the arrival and then survival of a retest back to the breakout point. But I ignored that, and rushed to move my stop because I didn't have faith in plan management rules.
After a string of 6 days of about breakeven, I quit with a small profit just to claim a victory, in what have become the most volatile markets in history.. ...at least we're having fun.